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Greenspan: Economy shows resiliency despite tough tests.
(From FT Investor (Pulses))
The final outcome of the recent slowdown has yet to fully play out, but evidence to date indicates the global economy has the resiliency to withstand the powerful shocks of the past few years, Federal Reserve Chairman Alan Greenspan said Tuesday. "To be sure, the recent weakened pace of world economic activity has raised concerns that the full cycle of the past decade has yet to be definitively concluded. But the already …
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