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Economic Crisis: Down They Fall

Vanessa Rossi, October 2008

The World Today, Volume 64, Number 10

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Policymakers' priorities are changing dramatically as autumn and winter approach. Gone are the worries over soaring oil prices and inflation risks, in comes the stark threat of being engulfed in a world recession and the next stage of the global financial meltdown. Those who singled out Britain as being at greatest risk may quickly be proved wrong but, unfortunately, this is not good news.