Eurozone a 'slow-motion train wreck' – senior economist
Larry Brainard, chief economist at political risk consultancy Trusted Sources, argues that until Eurozone policymakers shift the emphasis of remedial action from sovereign debt and onto the banking sector, the region will continue to struggle.
The 30-year career of Larry Brainard, co-founder of Trusted Sources, a political risk consultancy focused on emerging markets, includes stints as global head of emerging market research at Chase Manhattan and co-head of emerging debt markets at Goldman Sachs. While the Brics have shown resilience so far – an achievement that might have been unthinkable during past global downturns – the big question now, says Brainard, is whether they would be able to sustain high levels of growth if the US and
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