美國

'GROW NOW, ASK QUESTIONS LATER\' FORMULA WILL END IN TEARS

A crisis-torn world is in no mood for the heavy lifting of global rebalancing.

Policies are being framed with an aim towards recreating the boom. Washington wants to get credit flowing again to indebted US consumers. And exporters - especially in Asia - would like nothing better than a renewal of demand led by the world's biggest consumer.

It is a recipe for disaster.

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