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bal growth is not what it used to be, but in a bad neighborhood, the U.S. has the best house by far." Sharma points out that for the past four years, the United States' share of global GDP has increased while Europe's and Japan's have moved down. When I was in Europe last week, businessmen there were concerned with w
Page: HOUSE_OVERSIGHT_029849 →gross domestic product (2.8 percent in 2014) is at its lowest since 2007. "The U.S. has come out of the 2008 crisis better than all the others," says Ruchir Sharma, head of global macro investing at Morgan Stanley. "Americans have reduced their debt burden more than the Europeans, while China's debt has skyrocke
Page: HOUSE_OVERSIGHT_029849 →bal growth is not what it used to be, but in a bad neighborhood, the U.S. has the best house by far." Sharma points out that for the past four years, the United States' share of global GDP has increased while Europe's and Japan's have moved down. When I was in Europe last week, businessmen there were concerned with w
Page: HOUSE_OVERSIGHT_033482 →gross domestic product (2.8 percent in 2014) is at its lowest since 2007. "The U.S. has come out of the 2008 crisis better than all the others," says Ruchir Sharma, head of global macro investing at Morgan Stanley. "Americans have reduced their debt burden more than the Europeans, while China's debt has skyrocke
Page: HOUSE_OVERSIGHT_033482 →l growth is not what it used to be, but in a bad neighborhood, the U.S. has the best house by far." Sharma points out that for the past four years, the United States' share of global GDP has increased while Europe's and Japan's have moved down. When I was in Europe last week, businessmen there were concerned with
oss domestic product (2.8 percent in 2014) is at its lowest since 2007. "The U.S. has come out of the 2008 crisis better than all the others," says Ruchir Sharma, head of global macro investing at Morgan Stanley. "Americans have reduced their debt burden more than the Europeans, while China's debt has skyroc
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