Markets have been surprised by the eruption of the financial crisis on August 9. But a number of analysts had drawn attention to the risks stemming from the co-existence of excessive liquidity, ...
A fiscal crisis – sometimes called a sovereign debt crisis – is a sharp economic shock or downturn caused or sparked by high ...
Explore how mortgage securitization contributed to the 2008 financial crisis, fueling risk-taking and immense losses for Wall ...
Paul Mattick, Business As Usual: The Economic Crisis and the Failure of Capitalism. London: Reaktion Books, 2011. David McNally, Global Slump: The Economics and Politics of Crisis and Resistance.
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