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2012-03-31 — kingworldnews.com
``Williams illustrated how much the US economy has collapsed over the years: "Deflated accordingly, the real (inflation-adjusted) new orders for durable goods level in February 2012 was 9.8% below the pre-2001 recession peak, on a six-month moving-average basis. With no smoothing, the monthly level in February was 17.7% below the pre-2001 recession peak."
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