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Opinion

Portrait of the new normal

Portrait of the new normal
April 15, 2016
Portrait of the new normal

But what are the changes that have been brought on by the crisis - what is different about the new investment landscape?

For a start there's the easy monetary policies that have become the norm everywhere, negative interest rates, increased bank regulation (and bashing), austerity, low productivity, weak and uneven economic growth, falling investment, declining confidence and volatile equity markets (although China's problems since 2011 are as much to blame for that as the crisis).

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