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  • Excellent report. Thanks. But, can I just make one tiny observation: Economic commentators too often talk about the "road to recovery" and "green shoots" - as if it's happening - no matter how tortuous the path. We hear about the "long road to recovery", the "slow road to recovery", the "rocky road". It reflects a sort of unscientific bias - that we should see some positive in the data. That would not be too harmful if it wasn't sometimes blinding to the chance that there may be no recovery.

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