Seven years after the global financial crisis began most developed economies are only slightly bigger, if at all, than they were in 2007, says The Economist. The US and Japan have made up the lost ground, but the eurozone and Britain haven’t; our economy is still 2% below its pre-crisis peak. Emerging markets, especially China, have continued to soar. China’s economy is around 70% bigger than it was in 2007.
In a series of three short videos, Merryn Somerset-Webb talks to Hugh Hendry, manager of the Eclectica hedge fund, about everything from China to the US, Europe, and Japan.
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