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NBA lockout risk: public ridicule

Nothing else worked. Maybe the owners and players will react to the scorn of the fans

Originally Published: October 13, 2011
By Michael Wilbon | ESPN.com

The bond market indicator that has predicted every recession since 1970 is forecasting a 60 percent chance of the economy having another contraction within the next 12 months. Moody's Analytics says there's a 40 percent chance the U.S. will tumble back into the depths of a recession within the next six months. The unemployment rate, some analysts say, is likely to remain above 6 percent until 2015. The hourly pay of people who are employed can't keep pace with inflation. The most recent drop in ...

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