‘The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse’, by Mohamed El-Erian

The US stock market has just endured its worst start to a year on record. The fear is that America may be close to recession, with baleful consequences for the global economy — and, worse, that policymakers are out of ammo with which to respond.

Sourced through Scoop.it from: www.ft.com

See on Scoop.itPublic-Private Duality, Economic Crisis, and New Financial Trends

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