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The reaction to Pfizer (PFE)'s Q4 2009 earnings call -- in which the company dialed back its 2012 revenue guidance to $1.5 billion less than it promised at the time of its merger with Wyeth -- didn't stop after sellers took the ax to Pfizer stock.
Stagflation, more bank failures, crippling government debt — these are just a few of the worst-case scenarios envisioned by several money managers and financial experts we consulted. While not all these experts see these chilling scenarios as likely, they remain a stark reminder of what could happen if we’re not careful — or lucky.