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Hunter Thompson

Analyst warns of US depression & China implosion

by Constantine von HoffmanJanuary 15, 2009 Bailout

Yep, it’s so bad some companies are actually resorting to telling the truth.
Société Générale says it expects the United States’ economy  to enter a depression and that China’s economy in in danger of  imploding. Albert Edwards, an analyst for the European financial services giant, wrote:
While economic data in developed economies increasingly reflects depression rather than [...]

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