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Jacob Frenkel Shocks Quotations

Jacob Frenkel Quotes about:

Absorb Quotes

The fact that some dire predictions didn't materialize mainly reflects the robustness of the U.S. economy. 2005 has showed us that it is able to absorb more shocks than previously thought.
Experience Quotes

The experience of the oil shocks in the 1970s is not a guide for the future.

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