Europe and much of the rest of the world is suffering from the worst economic crisis in more than 70 years, resulting from a meltdown in poorly regulated financial markets. In this unprecedented situation of evaporated wealth, massive job losses and devastating social insecurity, it is of crucial importance to fully understand the causes of the crisis in order to prevent such a disaster from ever happening again.
In the US, the birthplace of the crisis, one of these causes has been rea...
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