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Waiting for the Global Financial Drama
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Waiting for the Global Financial Drama

Our Correspondent
Mar 02, 2007
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Waiting for the Global Financial Drama
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The script is

complete. The dress rehearsal has been held. But the curtain has yet to go up

on the first night of the Great Global Asset Price Collapse.

Markets have recovered

some composure after the last two days of February. The steep drops can now be

described as a correction, not a collapse. But the payback from sustained

overindulgence still awaits. Tha…

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