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Bloomberg Businessweek Weekend - May 5th, 2023
Bloomberg Businessweek
The Risks of a Recession
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David Frum: In general, our institutional clients believe that the market is pretty good at pricing in those risks. He says they worry about things which have lower probability, but if they happen actually are quite damaging. "What will happen if Putin increasingly feels like he's backed into a point? And what if he does decide that he is really going to escalate things?"
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