By PAUL KRUGMAN
Published: February 8, 2008
The economic news has been fairly dire this week. The credit crunch is getting worse, and a widely watched indicator of trends in the service sector — which is most of the economy — has fallen off a cliff. It’s still not a certainty that we’re headed into recession, but the odds are growing greater. And if past experience is any guide, the troubles will persist for a long time — say, into the middle of 2010. http://www.nytimes.com/2008/02/08/opinion/08krugman.html');
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