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How to survive the painful summer ahead

Wall Street Unplugged - What's Really Moving These Markets

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China's Economy Is Declining

The last time China grew its economy by less than 5% was over 30 years ago in 1990. If you're going under 6%, that's a recession for China, probably under 6.5%. India is in pretty good shape; unemployment is still very, very high in India. It's just not big enough to move the needle for the rest of the world like China. Are we going to see from Brazil who's seeing mass deflation on employment at 8.5% while inflation's over 7%? And deflation. Have you seen deflation, inflation, stack flight rushes a non factor right now?

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