Tag
Financial Crisis
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EconomicsGovernment
Ten Years On: Recession, Recovery and the Regulatory State
by Richard Ebeling August 15, 2017What we now know to have been one of the worst economic and financial crises of the post-World War II period began about ten years ago in 2007.
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The U.K. withdrawal (“Brexit”) from the European Union drove the Dow Jones Industrial Average down 611 points, but that was just the tip of the iceberg. Though the stock market rebounded, more unsettling news is on the way on economic, political and social fronts. Events will be startling, severe and global.