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Sinking, sinkng, sunk. The Associated Press reported this morning that "People’s confidence in the economy sank even lower amid heightened fears about shrinking job opportunities and the possibility the country is falling into recession. According to the RBC Cash Index, confidence dropped to a mark of 48.5 in early February, from 56.3 last month. The new reading was the worst since the index began in 2002 and surpassed the previous low reached in January." Is it that bad?

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