West Struggles With Non-Recovery

For the last umpteen months, beginning with sightings of "green shoots," the powers-that-be have been trying to gin up a recovery. It is a kind of dominant social theme of course, the idea that after a painful "recession," economies begin to rebound and life gradually returns to normal. Those who held onto their blue chip stocks and didn't sell are rewarded with dividends and occasionally receive mention in an article or two, or even a soundbite on a business channel.

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