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July 29, 2011

Governments Infected With Debt

World Policy Institute, World Policy Institute

AP Photo

The economic and investment outlook for the second half of the year is rocky.  The European debt crisis, U.S. fiscal woes, and inflation in emerging economies remain a problem, and in some cases have taken a turn for the worse. Risks are rising of a major drop in stocks and possibly bonds (resulting in rising yields). The implication could well be a shrinking world economy.

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TAGGED: United States, Eurozone

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