Stock markets plunge, global economy headed for 'Lost Decade'?

by RTAmerica on Nov 9, 2011

Is Italy becoming the next casualty of the eurozone debt crisis? Italian 10-year bond yields today went past the 7% threshold markets consider unsustainable. Stock markets plunged. Are investors cutting their losses and just looking to pillage whatever's left of these national economies? Meanwhile, could the global economy be headed for a lost decade? We speak to Doug Campbell former staff economist on President Obama's Council of Economic Advisors.

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