Difference between revisions of "2008-01-22 To Some, the Widening Crisis Seems Driven by Fear, Not Facts"
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− | <let name=data index=Date>2008-01-22 | + | <let name=data index=Date>2008-01-22</let> |
<let name=data index=Topics>\US economy\global economy</let> | <let name=data index=Topics>\US economy\global economy</let> | ||
− | <let name=data index=URL>http://www.nytimes.com/2008/01/22/business/22stox.html | + | <let name=data index=URL>http://www.nytimes.com/2008/01/22/business/22stox.html</let> |
<let name=data index=Title>To Some, the Widening Crisis Seems Driven by Fear, Not Facts</let> | <let name=data index=Title>To Some, the Widening Crisis Seems Driven by Fear, Not Facts</let> | ||
<let name=data index=Text>“Mr. Yardeni warned, however, that in a time of panic and fear, less attention is paid to fundamentals, like a fairly tight United States job market and strong growth and the extraordinary buildup of foreign exchange reserves in emerging markets. The result is panic selling and the prospect of a global recession. “People are creating the financial violence that they hoped to avoid,” he said.”</let> | <let name=data index=Text>“Mr. Yardeni warned, however, that in a time of panic and fear, less attention is paid to fundamentals, like a fairly tight United States job market and strong growth and the extraordinary buildup of foreign exchange reserves in emerging markets. The result is panic selling and the prospect of a global recession. “People are creating the financial violence that they hoped to avoid,” he said.”</let> | ||
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