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"There’s no need to rely on per capita or technical definitions of a recession any longer as the country is experiencing a substantial economic contraction in real terms."

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price expectation theory

Black Thursday for dairy and Fonterra - but eventually the sun will rise again

Keith Woodford sees overwhelming evidence our dairy industry will flourish as China's middle class expands rapidly & we maintain our huge cost advantages

21st Jul 15, 5:40pm

by Keith Woodford

Keith Woodford sees overwhelming evidence our dairy industry will flourish as China's middle class expands rapidly & we maintain our huge cost advantages

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