A vendor gives a five Euro bank note back to a customer at the central market in Athens, Greece, as policymakers struggle with different shocks to the world economy. Photo: Reuters
David Brown
Opinion

Opinion

Macroscope by David Brown

Policymakers flounder as global recovery starts to stall

After years of low interest rates, huge monetary injections and fiscal stimulus, policymakers are running out of ready solutions to stop the rot

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A vendor gives a five Euro bank note back to a customer at the central market in Athens, Greece, as policymakers struggle with different shocks to the world economy. Photo: Reuters
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