Dubai Holding has released the conclusions to a report about the global business outlook that it commissioned from the Economist Intelligence Unit based on a survey of 418 senior global executives.
It concludes ‘capitalism is entering a new era of lower risk tolerance, higher regulation and slower growth’. In other words, the debt-driven investment boom is over, government interference in business will grow and economies will not recover quickly from the recent slump in global trade.
Reaching a bottom
However, there is a tacit assumption here that the decline in economic activity has fallen to a market bottom. But do we really have any reason to make this assumption, apart from wishing it to happen? Just how low will economies go before the bounce back starts?
more in:
http://seekingalpha.com/article/137401-how-low-can-global-economies-go
Ruin-Nation
11 months ago
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