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NEW YORK — The world’s financial markets are on the brink, and 2012 could result in the global economy turning a corner — or crumbling, experts said on
Saturday.
During a panel discussion at The Economist’s World in 2012festival, former U.S. Treasury secretary Robert Rubin, Morgan Stanley CFO Ruth Porat and Brookings
Institute fellow Eswar Prasad agreed that 2012 would be the year that defines the path that the U.S., European Union and emerging economies for the next
decade.
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