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The forces of supply and demand stabilise - at least for now

24/02/2003

 

Though the stream of economic data continued as usual during the period under review (February 10-24), it was all but rendered meaningless by the looming threat of war with Iraq.  As none us need to be reminded, whether for good or evil, the world is likely to be a massively changed place once the conflict is over, making historical information much less a reliable indicator of the future than it would otherwise.

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