Evans-Pritchard: Dow 4,000 by Summer
By: Gene J. Koprowski Article
Global trade and economic output are collapsing at rates that outpace the Depression of the 1930s, and “shock and awe” policies are required from the U.S. government to revive global growth, says Daily Telegraph International Business Editor Ambrose Evans-Pritchard.
“This terrifying fall has been concentrated in the last five months. The job slaughter has barely begun,” Evans-Pritchard writes. “Social mayhem comes with a 12-month lag.”