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Why Canada may dodge U.S. slide; Stronger job market, healthier banks will help keep us cushioned
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It's an economic Pearl Harbor. That's how Warren Buffett, the legendary stock picker and world's second-wealthiest man, describes the current credit crisis and the threat it holds of triggering a global recession. And because the economy is under attack, Buffett argued, the $700 billion bailout scheme passed by the U.S. House of Representatives yesterday was needed to rescue troubled U.S. banks from insolvency in America's worst financial crisis since the Great Depression. The rescue mission...
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