Friday, July 6, 2012
The global economy continues to falter and remains a major concern for the US economy. Bloomberg News reported global central banks are on the offensive against the faltering world economy.On Thursday they increased bond buying and cut interest rates as a round of international stimulus gathers speed.On Friday the Wall Street Journal stated in its headline "From Beijing to Frankfurt, Efforts to Spur Growth Fail to Allay Investors Fears". These steps to bolster growth due to concerns about the world wide economy. However, these steps failed to reassure investors
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