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Explaining the Global Financial Crisis
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Explaining the Global Financial Crisis

Our Correspondent
Nov 26, 2008
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Explaining the Global Financial Crisis
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What are the roots of the global financial crisis, and why has it produced a sudden and shocking collapse in American confidence and economic activity?

What has really gone wrong is that that entire model has collapsed along with the global financial institutions that hot-housed it. Not only has the ceiling come down on the US household sector, but the w…

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