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Will 2009 Be Even Scarier?
Great Depression II…15% drop in home prices…Food riots…9% unemployment…Another 50% drop in the Dow…
My how the world has changed?
A year ago, the bulls were off and running. Many were “buying on the dip.” Commodity prices were soaring. Farmers were making a killing. Emerging markets consumers couldn’t get enough of anything.
It seemed like the boom would never end. Any talk of a full scale global depression or 50% decline in the Dow would have been laughed off. This year, it’s a totally different story. The bears are out in force and the leading opinion-makers in the investment community couldn’t be…
13Dec2008 | Q1 Publishing | 0 comments | Continued
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