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The Return of Depression Economics and the Crisis of 2008

The Return of Depression Economics and the Crisis of 2008
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Additional The Return of Depression Economics and the Crisis of 2008 Information

Nobel PrizeĀ® winning economist Paul Krugman shows how the failure of regulation to keep pace with an increasingly out-of-control financial system set the United States, and the world as a whole, up for the greatest financial crisis since the 1930s.

He also lays out the steps that must be taken to contain the crisis, and turn around a world economy sliding into a deep recession.

But now depression economics has come to America: when the great housing bubble of the 1990s faded from memory.

 

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