There is no economic recovery, perhaps instead we are seeing economic ruins. Globally, the severe recession is turning into a cancerous tumor. People, our house is on fire and rome is burning, while nero fiddles. Today we hear that Volvo world's second biggest maker of trucks says sales are half of last year. Here is a heads up, last year was bad, but this year is worse. This year they are looking at record losses - an economic ruin. However, economic debunkers say that all is fine in 2009. Well, it ain't!
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