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Jeremy Grantham's Latest Commentary: On the Road to Zero Growth

By MarketFolly on Wed, 2012-12-05 16:00
(via www.marketfolly.com)

It's been a while since we last checked in on GMO's Jeremy Grantham so today we wanted to highlight his Q3 2012 letter: "On the Road to Zero Growth."

In it, Grantham examines GDP growth rate, slowing population growth, productivity, and reduced capital spending.  He concludes that,

"With...

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