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U.S. economy unlikely to normalize in 2010 |
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World -
Economy
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Wednesday, 07 October 2009 12:14 |
 Nobel Prize winner, Professor Joseph Stiglitz, estimates that the chances the U.S. economy to normalize in 2011, when the complete stabilization programs of the administration of the President Barack Obama will finish, are very small.
Stiglitz, who attend the annual session of the International Monetary Fund and the World Bank in Istanbul, has named the biggest problem of the current phase of the global financial and economic crisis - the rising unemployment.
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