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Startling statement reveals far worse danger than just a recession.

Eurodollar University

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The 2008 Style Scenario

Even the economists at the Federal Reserve and their biased models begin to realize the truth here. They told you last year and into this year, it would never be anything more than just a minor slowdown. Combine that with monetary difficulties, not banking sector difficulties, and you really do get right into the territory of the 2008 style scenario. The markets have been saying the entire time, no, the economy was never hot, that was just a supply shock.

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