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FT.com / World - ‘Goldilocks economy’ was unsustainable boom

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Saved by 1 people (0 private), first by anonymouse user on 2009-05-01


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If, instead, the economy could sustain only a roughly constant 2.6 per cent growth yearly from 1997, most of this decade would have been seen as a period of unsustainable boom combined with falling global prices, which stopped inflation rising too high.

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