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What if the financial crash of 2008 was really caused by income inequality? Not greedy bankers, not reckless homeowners, but the ever widening-gulf between the rich and the poor?
Income inequality in Taiwan abruptly increased when the 2008 financial crisis occurred. This paper studied causes of the deterioration by comparing determination processes of earnings before and after ...
Was 2008 a recession or depression? If we’re defining a depression as a period when the GDP falls more than 10%, no.
• Trouble in the housing and finance sectors caused the 2008 recession. By contrast, the current downturn has a far more unusual source: a pandemic. • The current downturn is hitting much ...
John Allison spoke to tea party supporters about the causes and consequences of the 2008 financial crisis and ensuing recession. Among the topics he addressed were the impact of government ...
John Allison spoke to tea party supporters about the causes and consequences of the 2008 financial crisis and ensuing recession. Among the topics he addressed were the impact of government ...
The unexpected coronavirus outbreak has sent financial markets around the world into freefall, igniting fears of an impending recession that will rival the 2008 financial crisis as world leaders ...
The US economy could be in worse shape than previously thought. That's evidenced by a worrying indicator, which hasn't flashed a warning this loud since right before the 2008 recession, according ...
The recession caused by the outbreak of the Covid-19 pandemic deepened inequality and exacerbated housing insecurity, despite the fastest policy response in modern history.
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