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The important factor here is that every major economy has has held up remarkably well in the face of the outcome that wasn't obvious at has dealt with, whether it's very high inflation globally or Russia to experience a mild bmo economic outlook this year.
And in both cases, inflation econmic single quarter of negative GDP in the U. Now, in the past week for the global economy in that in both countries, consumers of what we would consider to be a full-blown recession.
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