What caused the recession?

  • Thread starter Thread starter Obamarama
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Obamarama

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And what decides it? Did some guy just run off with $20 and pull down the house of cards? If I buy stuff I don't need, will that fix it?
 
in a nut shell..
Credit crunch, making banks closed down making a negative economic growth.
 
A combination of maverick deregulation and speculative financiers who took full advantage of the loose laws.
 
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