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News Link • Economy - Economics USA

FX Concepts' John Taylor Is The New Dr. Doom: "2011 Will Be Worse Than 2008"

• ZeroHedge.com
 
This decline after the August peak should be far more serious and we believe it will be the start of a major market rout continuing into the middle of 2011, at a minimum. The deflationary recession that will accompany this market collapse, at least in the developed world, will put extreme pressure on the Eurozone and the EMU structure. The second half of this decade will witness a very different world.

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