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It could have been a lot worse

October 22nd, 2008 · Comments Off on It could have been a lot worse

Some people seem to think we’re on the brink of a 1930s style depression. It ain’t going to happen. The policy response (after considerable dithering) has been much better this time around. Now, having said that, a recession, and a pretty nasty one, seems almost unavoidable. The good news is that it’s mostly priced in […]

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Tags: Credit Crisis