PIMCO Investment Outlook - December, 2010
- The global economy is suffering from a lack of aggregate demand. With insufficient demand, nations compete furiously for their share of the diminishing growth pie.
- In the U.S. and Euroland, many policies only temporarily bolster consumption while failing to address the fundamental problem of developed economies: Job growth is moving…
Added by Cromag on December 7, 2010 at 12:28pm —