WEEKLY COMMENT 10-03-2016
By Barry Edwards
The Peterson Institute for International Economics (PIIE) is renowned for their analysis of world finance. They published recently a report that looks at the economic statistics of all the major countries around the world to demonstrate that the condition of government finances is not as bad as the markets are projecting. The report explains that, in the main, most countries are coping with the aftermath of the ‘Great Recession’ quite well and the economic fundamentals are much sounder than the recent turmoil in markets suggests.