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FCIB roundtables prove worthwhile in tough times.(international)(Finance Credit International Business/National Association of Credit Management)

Business Credit

| April 01, 2009 | Barron, Jacob | COPYRIGHT 2009 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

As politicians, regulators, pundits, coworkers and even friends and family keep reminding us, the global economy is currently experiencing a bit of a down period, to put it mildly. Internationally, the picture is more complex, but just as grim. "The U.S. economy is facing two shocks, to the housing sector and to the banking sector. It almost always either has something to do with one of those," said Torsten Slok, Ph.D., director of global economics at Deutsche Bank AG New York. "We are in a very unusual situation where policy has to respond."

Slok spoke at FCIB's most recent international roundtable, held in February at the Harvard Club in New York City and ...

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