Economics
Blankfein Says Lack of Business Risk Constrains U.S. Growth
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Goldman Sachs Group Inc. Chief Executive Officer Lloyd Blankfein said a lack of U.S. business appetite for risk is constraining a recovery in the world’s largest economy.
The “U.S. feels like it is recovering but I wouldn’t say that it is quite healthy yet,” Blankfein told a business group today in Sydney. “It is a very poor time to take risk and without risk taking there is less growth.”