Avoiding the Economic Event Horizon
The economic events of the five years that led up to the U.S. financial crisis of 2008, and of the nearly five years since, were not only unprecedented, they were supposed to be impossible. A series of fail-safes and redundancies that had been built into the U.S. financial system, both public and private, failed.
Academia and the public and private sectors never considered that these events would occur, because they were considered impossible....512 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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