A lopsided world tilts upward, slowly

The world economy is shifting gears. It has gone from reverse to neutral – even the US is probably out of recession, says Ben Bernanke, Federal Reserve chairman. The task facing leaders at the Group of 20 nations’ summit in Pittsburgh next week will be to pick up speed – but safely. Full Story »

Posted by Derek Hawkins - via Financial Times, NewsRack (Recession)
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Subjects: World, U.S., Business
Member Tags: recession
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Posted by: Posted by Derek Hawkins - Sep 18, 2009 - 2:29 PM PDT
Content Type: Article
Edit Lock: This story can be edited
Edited by: Derek Hawkins - Sep 18, 2009 - 8:12 PM PDT

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Derek Hawkins
3.2
by Derek Hawkins - Sep. 18, 2009

Such bickering is unproductive, and a blame game futile. Both perspectives are valid. A savings glut from surplus nations contributed to the overexpansion of credit. But ... More »

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Llewellyn Kriel
3.0
by Llewellyn Kriel - Sep. 19, 2009

Far too parochial and narrow. In case, FT hadn't heard - the economic crunch is a GLOBAL crisis, not merely an American inconvenience.

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