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Noting consumer spending growing at the unprecedentedly low annualized rate of just 0.5% since...

Jun. 21, 2011 10:34 AM ETBy: Stephen Alpher, SA News Editor8 Comments
Noting consumer spending growing at the unprecedentedly low annualized rate of just 0.5% since 2008, Stephen Roach labels today's Americans the "zombie generation." Especially impressed with China's new and improved central planning, Roach believes Asia's consumers will pick up the slack.

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