Tag: Global financial crisis
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Global Economic Downturn: A Crisis of Political Economy
The current economic crisis is best understood as a crisis of political economy. Moreover, it has to be understood as a global crisis enveloping the United States, Europe and China that has…
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Was financial collapse an orchestrated event?
On Sept. 15, Treasury Secretary Paulson and Chairman of the Federal Reserve Ben Shalom Bernanke testified before Congress that on the previous Thursday, Sept. 11, an “electronic run” on the U.S. banking…