Increasing the debt burden cannot be used as a way of fostering economic growth any more, Russian President Vladimir Putin said Wednesday, addressing a virtual meeting of the World Economic Forum. According to Putin, post-crisis economic recovery is tough and the world needs new models for boosting growth. “If 20 or 30 years ago the problem could be solved by means of stimulating macro-economic policy, today these mechanisms have reached their limits,” he said. Also on rt.com Economies should work for everyone, not just the rich few – Putin Fueling of ec
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