The muddle-through has failed, and "there may be only painful ways out of the crisis," according...

|By:, SA News Editor
The muddle-through has failed, and "there may be only painful ways out of the crisis," according to a Boston Consulting Group report that highlights $21T in accumulated developed world debt between household, corporate and government. Among BCG's "radical" solutions: re-industrialize, revisit income distribution, invest more in education.