April 09, 2012 at 09:29 AM EDT
Healthcare: The Next Bubble?
New research from Citigroup spacer adds another specter to the list: the U.S. healthcare industry. A pair of economists at the bank, Steven Wieting and Shawn Snyder, note that "functioning market price competition barely exists" in the health industry, whose per-capita spending is now nearly twice that, on average, of other developed nations
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