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Posts Tagged ‘depression’

U.S. in Crisis Mode — What’s Next?

Posted by smeddum on October 19, 2008

U.S. in Crisis Mode — What’s Next?
By Olivier Garret, CEO
Casey Research – The Casey Report goldseek.news

In the last few weeks, it has become clear that the current financial meltdown is not our usual, run-of-the-mill crisis. It’s supersized, inexorably linked to the rest of the world, ruled by chaos, and precariously perched atop a mountain of debt. ”What makes this crisis different from some of the earlier ones,” says IMF Historian James Boughton, “is that the interlinkages among financial institutions are much greater now than they used to be.” Read the rest of this entry »

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