'..Imagine that these big issues are all tackled..'<blockquote>'The only sustainable way out is to increase competitiveness through structural reforms. It increases growth potential through higher efficiency. Most major economies could identify a few key issues impeding economic growth: health care costs in the United States, labor market rigidity in Europe, zombie industries in Japan, insufficient infrastructure in India and overinvestment in China. Imagine that these big issues are all tackled. What could the global economy grow at? Four percent growth could return.'
- Andie Xie (
Quoted Source, January 21, 2014)</blockquote>
Context<blockquote>
Estimating the Risk of a Market Crash, December 30, 2013
Current Fed Policy: An Exercise in Keynesian Folly'..Like monetarists, Keynes held no capital theory .. the role time plays..' - Jesús Huerta de Soto</blockquote>