This all convinces me that economists all have their own sets of convenient statistics which support their own pet theories and explain nothing. They can never agree on the cause of what has passed, let alone predict what is to come. At least they are not as greedy & evil as bankers...
The notion of a "new normal" is premature given the fragility of the global economy, but the elements of a new economic reality appear to now be in place.
In partnership with the World Economic Forum, Time magazine hosts this debate focusing on the elements of the new economic reality.
Moderated by
Michael J. Elliott
Panellists
Azim Premji, Nouriel Roubini, Sir Martin Sorrell, James S. Turley, Min Zhu
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