{"id":28534,"date":"2011-10-01T18:45:30","date_gmt":"2011-10-01T18:45:30","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/economist-unless_politicians_act_more_boldly_the_world_economy_will_keep_s\/"},"modified":"2011-10-01T18:45:30","modified_gmt":"2011-10-01T18:45:30","slug":"economist-unless_politicians_act_more_boldly_the_world_economy_will_keep_s","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=28534","title":{"rendered":"Economist&#8211;Unless politicians act more boldly, the world economy will keep sinking"},"content":{"rendered":"<p>&#8230;Hopes are likely to fade, for three reasons. First, for all the breathless headlines from the IMF\/World Bank meetings in Washington, DC, Europe\u2019s leaders are a long way from a deal on how to save the euro. The best that can be said is that they now have a plan to have a plan, probably by early November. Second, even if a catastrophe in Europe is avoided, the prospects for the world economy are darkening, as the rich world\u2019s fiscal austerity intensifies and slowing emerging economies provide less of a cushion for global growth. Third, America\u2019s politicians are, once again, threatening to wreck the recovery with irresponsible fiscal brinkmanship. Together, these developments point to a perilous period ahead.<\/p>\n<p><a href=\"http:\/\/www.economist.com\/node\/21530986\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8230;Hopes are likely to fade, for three reasons. First, for all the breathless headlines from the IMF\/World Bank meetings in Washington, DC, Europe\u2019s leaders are a long way from a deal on how to save the euro. The best that<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=28534\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,40,149,119,151],"tags":[],"class_list":["post-28534","post","type-post","status-publish","format-standard","hentry","category-culture-watch","category-economics-politics","category-economy","category-globalization","category-politics-in-general"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/28534","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28534"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/28534\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}