A war with Iraq could give the global economy the boost it needs to get out of its rut
The third quarter ended with such a thud and host of honoraria, the worst quarterly performance since 1987 for many European bourses, investors, economists and analysts were left wondering how we will ever get out of this mess. The Economist featured a special pullout section on 'Doldrums: The World Economy and How to Rescue It.'' In the Financial Times, Martin Wolf opined that Federal Reserve Chairman Alan Greenspan's decision to ignore the bubble in stock prices will either be a model for central banks in the future or reason to assign Greenspan to the dustbin of history of failed Fed...
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