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Don't be alarmed. Bloomberg says the recession's over.
--- It is Japan we should be worrying about, not America Japan is drifting helplessly towards a dramatic fiscal crisis. For 20 years the world's second-largest economy has been able to borrow cheaply from a captive bond market, feeding its addiction to Keynesian deficit spending – and allowing it to push public debt beyond the point of no return. By Ambrose Evans-Pritchard Published: 5:33PM GMT 01 Nov 2009 http://www.telegraph.co.uk/finance/comme... Rating :
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