Turning Point

Schuman, Michael; Smith, Adam
September 2009
Time International (South Pacific Edition);9/14/2009, Vol. 174 Issue 10, p34
The article discusses the outlook for economic recovery and the impact of the Global Financial Crisis in 2008-2009 on the world economy. The view of Morgan Stanley Asia's chairman Stephen Roach that the United States' debt and deficits were contributing factors to the financial crisis is mentioned. The Lehman Brothers bankruptcy and the effect of economic recovery in China on property prices are mentioned.


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