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Deflation isn't always accompanied by Depression-style soup lines.
"Deflationary spirals" have been a major subject on the economics agenda. The theory is clear, but there are few actual examples to study. The Great Depression in the United States is one, and Japan is another.
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Size of Argentina's 2001 default. The country is on the hook for as much as $15 billion of that in the wake of the latest court ruling.
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