Monday, 16 January 2012

Lessons from the US Economic Crisis | HALALTAMWEEL.COM

Lessons from the US Economic Crisis

1/16/2012 11:38:37 AM

Economy

Salman Ahmed Shaikh

The ongoing sovereign crisis in Europe and US is challenging conventional wisdom and is creating fears of a double dip recession. Massive levels of debt and consumption beyond means and speedy financial innovation with lax regulation has put major economies in a deep hole.

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