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This goes to show that it's all a matter of perspective. This guy, using pure numbers, has come up with a statistical model that most people thinking from an emotional standpoint would consider to be absurd. However, he's probably correct about the numbers. As nooneisabovethelaw pointed out, we've already got many living below the poverty line so the financial impact of a recession purely on a number basis will likely be less here. Of course, the numbers perspective completely ignores the emotional/human perspective, where we'll probably take as big of a hit as everyone else. Yep, it's all about perspective.

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