How to ruin the global economy: follow the experts' advice
But University of Chicago Economist Raghuram Rajan has a fresh take on the global financial crisis.
The main question keeping experts and politicians in the debt-plagued West up at night is this: Should their nations tighten their belts and adjust outlay to income? Or, should the governments open their wallets and pile up more debt in order to overcome recession, whatever the cost?
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