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QOTD II: It’s Not That Bad

By Paul Kedrosky · March 4, 2009 · ·

The bright side of a 20% depression probability is the 80% chance of avoiding a depression.
   – Robert Barro (WSJ 03/04/09)

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  3. Surviving the “Contained Depression”
  4. When you absolutely, positively have to have yourself there overnight
  5. links: murdoch, bubbles, carlos kleiber, lbos, and chance
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