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Montevideo, March 19th 2024 - 04:52 UTC

 

 

Rogoff warns about personal and corporate debt as main threats to global economy

Thursday, August 10th 2017 - 19:56 UTC

A sudden rise in interest rates poses the greatest threat to the global economy, the IMF's former chief economist has told the BBC. Ken Rogoff, who famously predicted a big bank would collapse during the financial crisis, warned that people had got used to ultra-low interest rates and said the economic policies of the Trump administration posed a risk. Read full article

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