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Jeffrey E. Garten

Jeffrey E. Garten

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Jeffrey E. Garten is the author of Three Days at Camp David: How a Secret Meeting in 1971 Transformed the Global Economy, published last month by HarperCollins. He is Dean Emeritus of the Yale School of Management where he teaches courses on the global economy. He previously served in the Nixon, Ford, Carter, and Clinton administrations, and was a managing director of Lehman Brothers in the 1980s and the Blackstone Group in the 1990s.

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    Goldilocks Is Dying

    Nouriel Roubini

    Given today’s high debt ratios, supply-side risks, and ultra-loose monetary and fiscal policies, the rosy scenario that is currently priced into financial markets may turn out to be a pipe dream. Over the medium term, a variety of persistent negative supply shocks could turn today’s mild stagflation into a severe case.

    considers the key variables that will determine growth and inflation trends over the medium term.
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