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Financial crisis

article review

Subject: 
English
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Tags: 
macroeconomics
Systemic risk
Economic bubbles
business cycle
World economy
Financial crisis
Kenneth Rogoff
Recession
Depression
Global recession
Twin crises

Surname 2 Name Instructor Course Date US Recessions According to the article, the financial crisis experienced in the US in the year 2007 is to blame for the persistently low level of per capita GDP and high level of unemployment. The authors use this outcome as evidence to support the assertion that financial crises resulting from systemic banking crisis are often deep and long lasting (Reinhart and Rogoff).

The Great Depression Notes

Subject: 
World History
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Tags: 
economics
Economic history
business cycle
Modern history
Recessions
Great Depression
Economic disasters
Economic collapse
New Deal
inflation
Long Depression
Financial crisis
Politics

904 Chapter 31 MAIN IDEA WHY IT MATTERS NOW TERMS & NAMES ECONOMICS An economic depression in the United States spread throughout the world and lasted for a decade. Many social and economic programs introduced worldwide to combat the Great Depression are still operating. ? coalition government ? Weimar Republic ? Great Depression ? Franklin D. Roosevelt ? New Deal 2 SETTING THE STAGE By the late 1920s, European nations were rebuilding war- torn economies. They were aided by loans from the more prosperous United States. Only the United States and Japan came out of the war in better financial shape than before. In the United States, Americans seemed confident that the country would continue on the road to even greater economic prosperity. One sign of this was the
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