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World Financial Crisis

World Financial Crisis

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Published by Rajnish Thakur

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Published by: Rajnish Thakur on Dec 18, 2008
Copyright:Attribution Non-commercial


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Prepared By: Rajneesh Thakur
Global economicsrecession through
 There is no doubt that the credit crisis, whichhas morphed into recession across advancedeconomies, leaves most economic forecasterswith ample egg on their studious faces.
 The national policymakers also have reasons tocringe.
I noted that elements of the global economyhad troubled lots of economists andpolicymakers for a long time from now on.
Global Financial Crisis
In his Senate nomination hearing of 2005,Ben Bernanke, the Federal ReserveChairman, said the US financial system hadalready benefited from a series of crisesthat had reinforced its ability to cope withdifficult times
Instead, Europe is staring at the biggestrecession since the early 1990s

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