CEO Of World’s Largest Shipping Company: “Global Growth Is Worse Than Official Reports”

Monday, November 9, 2015
By Paul Martin

by Tyler Durden

According to the CEO of Maersk, the world’s biggest container shipping company, “the world’s economy is growing at a slower pace than the International Monetary Fund and other large forecasters are predicting.” Andersen adds that “we believe that global growth is slowing down. Trade is currently significantly weaker than it normally would be under the growth forecasts we see….we’re a little bit more pessimistic than most forecasters.”

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