Schwarz
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LONDON: Recession. Depression. Slump. Crash. Whatever it's called, and however severe it turns out to be, the economic crisis is bound to affect design. The question is how? Judging by design's fate in past recessions, it will suffer in this one. Some designers' clients will go out of business, and others will cut costs. Research and development budgets will be slashed. Designers' jobs will be lost, and projects scrapped. But there may be positive consequences too. Design has always coped well with austerity, and is especially well-equipped to do so now.