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Message: And it begins

And it begins

posted on Oct 21, 2008 07:53AM

The value of Iceland's currency has evaporated and an economy that outgrew the U.S. and euro region every year since 2004 at the least faces a prolonged recession, if not a depression. The economy may shrink more than 10 percent with inflation reaching 75 percent in months, says Danske Bank A/S Chief Analyst Lars Christensen.

http://www.kitco.com/ind/nadler/oct2...

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