Monday, August 29, 2011

German Finance Minister Says World Faces "Seven Lean Years" Over Austerity

"17 Nobel laureate economists bickered over the wisdom of austerity measures when they met this weekend in Lindau, Germany and St. Gallen, Switzerland.

The one thing they agreed on is that growth will suck.

German Finance Minister Wolfgang Schaeuble said the global economy may see "seven lean years" as a result of austerity measures..."
at http://www.businessinsider.com/nobel-laureate-economists-lindau-meeting-austerity-2011-8?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+clusterstock+%28ClusterStock%29#ixzz1WRm48Qlw

No comments:

Post a Comment