Friday, August 05, 2011

The cliff's edge? (updated)

It seems the news now is full of visions of the whole Western World (at least) standing on the edge of an economic abyss of imposing proportions. If that happens, I wonder what that looks like.
Update: it seems that this could be part of the answer to that question.

"A year ago, we were staring into the abyss. Since then, we have fortunately taken a huge step forward." 


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