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GaveKal Published: October 28 2009 10:38:52  
It's Different This Time  
By Louis-Vincent Gave  
   
As our more faithful readers appreciate, we are never shy of proclaiming that "things are different this time". But to be fair, the current recovery is spectacularly different than anything we have encountered in the 30+ years since Bretton Woods collapsed. To find out what is so different this time around, and the possible implications for investors, please see Louis' attached ad hoc comment....

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