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Home>Grantham: On the Road to Zero Growth

Grantham: On the Road to Zero Growth

Perspectives Content Submission

Tue, 20 Nov 2012

Summary The U.S. GDP growth rate 1 that we have become accustomed to for over a hundred years – in excess of 3% a year – is not just hiding behind temporary setbacks. It is gone forever. Yet most business people (and the Fed) assume that economic growth will recover to its old rates. Going forward,

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