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International market falls recommend ‘very high probability’ of worldwide recession


The Australian’s Graham Lloyd says the major indices on Wall Street and elsewhere are touching falls of 20 per cent which indicates there’s a “very high probability” of a global recession. 

“This has got a long way to go,” he told Sky News Australia. 

“It’s going to provide very tough conditions for whoever does form government once it starts moving from the financial markets into the real economy.”

The Australian’s Graham Lloyd says the main indices on Wall Street and elsewhere are touching falls of 20 per cent which signifies there’s a “very high probability” of a world recession.

“This has got a long way to go,” he informed Sky News Australia.

“It’s going to provide very tough conditions for whoever does form government once it starts moving from the financial markets into the real economy.”
The Australian’s Graham Lloyd says the main indices on Wall Street and elsewhere are touching falls of 20 per cent which signifies there’s a “very high probability” of a world recession.

“This has got a long way to go,” he informed Sky News Australia.

“It’s going to provide very tough conditions for whoever does form government once it starts moving from the financial markets into the real economy.”

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