United Nations: The report called, therefore, for a coordinated strategy that would think about how to adjust global imbalances while avoiding recessionary tendencies in the global economy

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Unsustainable

Rob Vos, the Director of the UN Development Policy and Analysis Division of the Department of Economic and Social Affairs (DESA):
United States debt, which had now deepened to well over $3 trillion, might turn out to be unsustainable in the rest of 2007 or next, putting further downward pressure on the United States dollar
The report called, therefore, for a coordinated strategy that would think about how to adjust global imbalances while avoiding recessionary tendencies in the global economy
RE: A good idea!
United Nations (UN) 30/5 2007

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