[lbo-talk] recession severity

Doug Henwood dhenwood at panix.com
Thu Jan 24 11:43:15 PST 2008


On Jan 24, 2008, at 2:34 PM, 123hop at comcast.net wrote:


> It's hard to believe, given the magnitude of the excesses and the
> degree to which the economy is organized around consumption, that
> this is not going to be a long hard fall.

It could just be a long slog - years of near-zero growth.



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