Reporters can be a shallow, fickle bunch. if there's one thing we like more than easy explanations for complex patterns of behavior, it's a snappy one-liner to describe them. That's why you heard so much about the "Asian contagion" during the rolling financial crises of 1997-98. But the current woes of the global economy aren't as amenable to the great headline Tech Wreck? American Infection? which may be why they took some time to lodge themselves in the popular imagination. Until now.
A week of startling economic news began with the year's second profit warning from...
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