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Reuters: Sour economy casts pall over once sunny Florida

Started by Sunite, April 15, 2008, 03:57:05 AM

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Sunite

Sour economy casts pall over once sunny Florida
      


MIAMI (Reuters) - Economic data continues to suggest that fears of a new "Great Depression" in the United States are overblown. But in places like Miami and Fort Lauderdale, where the housing bust has bitten hard and prices are rising fast, the specter of economic stagnation twinned with inflation looms all too real.
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