“Threatens To Set Off Political Unrest Across The Globe”: World Bank Warns Obama’s Stimulus Is Just A “Sugar High” (7)
Bloomberg: World Bank President Robert Zoellick warned policy makers that fiscal-stimulus plans are insufficient to turn around the “real economy†and rising joblessness threatens to set off political unrest across the globe. “While the stimulus has given an impulse, it’s like a sugar high unless you eventually get the credit system working,†Zoellick said in [...]