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Supply-side lift could inject US$1.5t to global growth

It's more than the ECB's current bond-buying programme and is a buy signal for stocks: strategist

Published Tue, Jun 2, 2015 · 09:50 PM

London

GLOBAL governments need to deploy Plan B to revive a lacklustre world economy.

Reluctant to spend their way out of trouble even with rock- bottom borrowing costs and with central banks warning easy money can't power expansion alone, political leaders may soon give up on demand and try to spur supply.

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