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Global market falls suggest ‘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 most important indices on Wall Street and in other places are touching falls of 20 in step with cent which signifies there’s a “very high probability” of an international recession.

“This has got a long way to go,” he advised 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 most important indices on Wall Street and in other places are touching falls of 20 in step with cent which signifies there’s a “very high probability” of an international recession.

“This has got a long way to go,” he advised 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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