[I know, it’s a CNBC love fest today. Really I do read other sources :)]
Lagarde warns of lost decade for global economy: that would put Japan in route for a lost half century. Ah how we think so small sometimes.
CNBC.com Article: IMF Chief Warns World Economy Risks ‘Lost Decade’
The head of the International Monetary Fund warned on Wednesday that Europe’s debt crisis risked plunging the global economy into a “lost decade” and said it was up to rich nations to shoulder the burden of restoring growth and confidence.