The Council on Foreign Relations hosted a discussion on the state of the global economy focusing specifically on the Eurozone debt crisis. The event includes a panel of financial experts including former Citigroup chief economist and counselor to Treasury Secretary Geithner Lewis Alexander, as well as Vincent Reinhart the chief U.S. economist of Morgan Stanley.
Recently, the head of the International Monetary Fund called for the international community to give the IMF “more firepower” to bolster troubled economies around the world. In addition she said that the global economy is still trying to dig out from a deep recession and cutting government spending in U.S. and European nations could make things worse not better.
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