Expanding the Legacy
Expanding the Legacy
The UK economy may be growing at an impressive clip: the spurt is powered by borrowed money and, as such, akin to a bubble. The same holds true for the seemingly impressive economic performance of the United States.
The triple terrorist attacks that rocked France last week will have a negligible impact on the country’s economy. According to Economics Professor Todd Sandler of the University of Texas Dallas business confidence is seldom affected when terrorists strike in advanced countries.
Most advanced economies are lagging in entrepreneurial vitality. According to a report published last week by the World Economic Forum, the most ambitious and innovative businesspeople are to be found in emerging countries.
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