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Michael Mussa says that while Asia surges economically, the recession appears to be bottoming out in Europe as well as the United States, but it is too soon to determine the strength of the coming global recovery.
Olivier Blanchard (PIIE), Guido Lorenzoni (Northwestern University) and Jean Paul L'Huillier (Einaudi Institute for Economics and Finance)
William R. Cline (PIIE)
Olivier Blanchard (PIIE)