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Not so fast

Not so fast

Robin Bew sees mostly disappointment for the global economy in 2010
Click to enlargeSince April 2009 journalists have been writing of green shoots, economists have been reporting rising output and investors have gleefully pocketed big gains on their equity portfolios. But for many households the good news seemed to pass them by. Millions of jobs disappeared, home-loan defaults mounted and corporate restructuring made the workplace distinctly unsettling. Will the recovery that started in the final months of 2009 bring wider relief in the year ahead?