Relevant:
- Recession Pressures Global Economy
- IMF downgrades global growth as fears about Europe and Russia overshadow oil windfall
- Nervy global investors revisit 1930s playbook (AMIDST MOUNTING SLOWDOWN EVIDENCE)
- Tensions over money flows bode poorly for global economy
- Global Crisis ‘Vastly Worse’ Than 1930s, Taleb Says
2009-03-09 — nytimes.com
" In one of the bleakest assessments yet, economists at the World Bank predicted on Sunday that the global economy and the volume of global trade would both shrink this year for the first time since World War II."
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