With regards to the recent slowed economic growth, Marc Levinson argues that: O Countries have reached their natural growth rate following post war recovery years. O Decreased growth is a result of inefficient fiscal policy, which has resulted in larger budget deficits and as a result limit growth. Stagnating economic growth is a result of the financial crisis coupled with decreased global trade. O Continuously increasing government debt and private debt have limited both savings and investment activities, thereby reducing potential real output