[lbo-talk] let's all pray for a depression

Patrick Bond pbond at mail.ngo.za
Wed Jan 23 20:42:08 PST 2008


I see Soros has taken up the thread in the FT a couple of days ago, with this comment in the same spirit as Chuck and myself: "So, the current financial crisis is less likely to cause a global recession than a radical realignment of the global economy, with a relative decline of the US and the rise of China and other countries in the developing world."

Objections, anyone?



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