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Re:PostgreSQL anti-patterns: read-modify-write cycles (2014) by bpicolo on Wednesday December 21, 2016 @10:58AM (#13230066)
CTEs are still vulnerable to race conditions afaik, plus postgres does a poor job of optimizing them performance wise (that is, it doesn't) http://blog.2ndquadrant.com/postgresql-ctes-are-optimization...

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