'There are growing threats looming over the global economy'
Business Insider 18 hours ago
A toxic mix of short-sighted policy and isolationist politics is endangering the global economy. In his recent talk at the Strategic Investment Conference 2016, David Rosenberg of Gluskin Sheff argues that there are growing threats looming over the global economy. He believes that current macroeconomic and political trends could lead to serious problems in China, and especially Europe, in the not too distant future. The massive global debt overhang Rosenberg points out that there has been no real “deleveraging” of debt to income ratios across the globe. There was a lot of talk of deleveraging and the positive impact of shrinking debt right after the Financial Crisis. But then, governments and ...
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