Unfortunately, America's proposed remedies hold out little hope of progress.

ECONOMIST: Sovereign bankruptcy

And from a policymaker's point of view, it matters little what is causing the pain: the remedies are broadly the same.

ECONOMIST: Globalisation and the rise of inequality: Rich man, poor man | The

If there seems little here that suggests a free market approach and de-regulation as remedies, the reader is not mis-reading.

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