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A grim new world awaits

Thursday, July 22, 2010

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“We’re just another country,” said a San Francisco venture capitalist at an amiable gathering of his peers last week. “As long as ours is the reserve currency we have an advantage,” he said, “but that won’t last forever.” So what does the future hold? His guess: permanently high unemployment, a stagnant economy, an unsettled political […]

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