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Oh, and we are looking at the same graph. I think the evidence is pretty conclusive that this recession will not be milder than the 1981 version. Equivalently, one could say it will be at least as bad as the 1981 recession. I'm not sure the evidence is yet conclusive that it will be markedly worse. A very short time will probably tell.  
by PIGL (stevec@boreal.gmail@com) on Mon Feb 9th, 2009 at 06:32:07 PM EST
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