The takeaway here is that the [CREDIT MANAGERS INDEX] numbers for July 2012 are considerably worse than they were for July 2007.
WHEN COMBINED WITH THE TODAY'S PMI NUMBERS THE FUTURE LOOKS BLEAK.'
DEDICATED TO EXPOSING DISINFORMATION AND PROPAGANDA AND TO PROMOTING UNIVERSAL HUMAN RIGHTS - WITH SHARP ANALYSIS AND BLUNT COMMENTARY. NO ADS. NO TIP-JAR. JUST THE TRUTH.
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