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Archive for 6. July 2009

Is the Recovery Real?

Not according to the Pragmatic Capitalist, as he cautions “  I have often noted that there is a huge difference between real recovery and the deceleration in economic declines. This means that the hardest part of the cycle is likely ahead of us. As we’ve said before, this is a two part credit crisis.”

Good analysis on where we are now, for more go here.

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