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Subject:  Re: Altucher says Buffett lying about a recessio Date:  3/15/2008  10:28 PM
Author:  Billionaireboys Number:  35623 of 596

A recession is truely imminent: House prices are falling, which could have a negative multiplier effect on the economy due to the negative 'wealth effect' coming into play. Unemployment is rising. the Fed has cut rates by drastic levels. it doesnt take a genius to realise that markets are plunging.
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