Warning: Three More Years Of Recession Ahead [Headlines]
Chief executive of advertising giant WPP, Sir Martin Sorrell says the West will continue to see a recession for the next three years.
In an interview with The Sunday Telegraph ahead of WPP’s interim results this week, Sir Martin said there was a dissonance between the plunging markets and the state of the world economy.
He said that although the situation was tough, it would be wrong to “under-estimate” the chances of America avoiding recession.
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