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ISTANBUL, Turkey Take a thousand businesspeople, bankers,politicians and academics, add a sprinkle of journalists, coop themup in a luxury hotel for two days in the midst of the worstrecession since the 1930s, and what do they produce? Paranoia. That is what it looked like (to my eyes at least) at the latestWorld Economic Forum held in Istanbul, where the topics of concernwere the euro zone's woes and the political convulsions in the arcof instability that runs from North Africa through the Middle Eastto Central Asia. Everyone was asking questions. Will Syria implode, sucking its neighbors into a civil war? WillSpain be whacked by an uncontrollable run on its banks? Will theArab Spring turn to winter as tourists and foreign investment shunEgypt? Is the world facing a decade of hard times? Few of the participants had clear answers because the currentcrisis is terra incognita for most of them. Too young to haveexperienced the Great Depression or World War II, they seemed tofeel the world they know is coming to an end. Here's a tip from an old timer. Maybe the world you know is not the real world. Or more precisely,it was just an unusually long period of relatively good times in aworld that has always had its ups and downs. The way you see today's problems depends on what you compare themwith. Those who remember the 1930s and 1940s see today's turmoil asnothing like what the world went through then. My advice to the younger generations: tighten your seat belts. Weare going through a period of turbulence, but it won't lastforever. And by the way, never trust an economist or banker to give you a rm answer. I heard dozens of them at the conference give their opinions on howwe got to the present state of the world and where we are headed,and there was no consensus except that things look pretty bad. I might add, don't trust journalists either unless they are oldenough to be your grandfather. dispatches/globalpost-blogs/commentary/fear-and-loathing-istanbul. I am an expert from householdwaterpurifiers.com, while we provides the quality product, such as Kitchen Water Filtration , Whole House Filter Systems, Household Water Purifiers,and more.
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