The OECD depicts the global depression
The report (.pdf) begins by stating (the link can also be found at Open Source Geopolitics):
OECD composite leading indicators (CLIs) for December 2008 continue to point to a weakening outlook for all the major seven economies. The CLIs in most OECD countries have fallen to levels that were last seen during the oil shocks of the 1970s. The outlook has significantly deteriorated in the major non-OECD member economies who are now also facing strong slowdowns.
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