The text of the hoax reads as follows:
There's a new virus which was found recently which will erase the
whole C drive. if u get a mail with the subject "Economic Slow Down in US"
please delete that mail right away. Otherwise it will erase the whole
C drive. As soon as you open it, it says "Your system will restart. It
will ask "do you want to continue" . Even if you click on NO, your system
will be shut down and will never boot again. It already caused a major
damage in the US and few other parts of the world. The remedy for this
has not yet been discovered. So please forward this mail to as many
people as possible and let everybody be aware of this. Its better to
get this mail 100 times rather than not knowing about it. Please
forward this message.