Lehman Brothers warns of bird flu economic threat

Perhaps you thought the economy was ticking along just fine? It may be - but there are still big risks - including bird flu.

Just when you thought the economy was ticking along smoothly, the Hitchcockian fear of birds flock back into the picture.

Lehman Brothers' latest weekly outlook for Asia warns that avian flu, which hasnÆt been front-page news for some time, should still concern us all.

It may have a low probability, but it poses the highest potential cost to the global economy, writes the firm's economists, Rob Subbaraman and Wenzhong Fan.

They point out, of course, that there are numerous downside...

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