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07-02-2009, 01:43 PM #1
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Rosenberg: Up to Decade of Deflation Ahead
Rosenberg: Up to Decade of Deflation Ahead
Thursday, July 2, 2009 8:44 AM
By: Julie Crawshaw
Most pundits who crow about green shoots and about an inventory restocking in the third quarter giving way towards some sustainable economic expansion live in the old paradigm, analyst David Rosenberg said.
“They don't realize that the deflationary aftershocks that follow a post-bubble credit collapse typically last for 5 to 10 years,â€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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