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“The bottom line is that this year marks the start of an asymmetric global economic downturn that is likely to persist for some time and will probably be quite unpleasant, but which will be well short of catastrophic.”

- Wolfgang Munchau, “Prepare for a global economic downturn but not a disaster” Financial Times, Jan 1, 2008

SNAP! Now that’s the way financial writers should get it down boyz. There’s some mean cocktail hyperbole if I’ve ever read it. I’m freakin jealous.

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Steve

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