How global trade was decimated in the recession
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Author Topic: How global trade was decimated in the recession  (Read 779 times)
phk
phknrocket1k
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« on: September 19, 2009, 04:13:46 AM »
How golden age lost it shine
http://www.ft.com/cms/s/0/ed968d70-a07f-11de-b9ef-00144feabdc0.html?nclick_check=1

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k-onmmunist
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« Reply #1 on: September 19, 2009, 08:13:17 AM »
It'll bounce back.
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opebo
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« Reply #2 on: September 19, 2009, 03:57:11 PM »
What percentage is it again that trade knocks off the US GDP? around 5%?
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Filuwaúrdjan
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« Reply #3 on: September 20, 2009, 09:24:39 AM »
Decimation means loss of a tenth. I think the drop in trade has been rather steeper than that.
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Silent Hunter
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« Reply #4 on: September 20, 2009, 09:33:17 AM »
Quote from: Comrade Sibboleth on September 20, 2009, 09:24:39 AM
Decimation means loss of a tenth. I think the drop in trade has been rather steeper than that.

Quite. The last time I actually heard someone use that term correctly was in Doctor Who.
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