There is much discussion of the scale of the global economic crisis. Some people expect it to cause a crisis comparable to the Great Slump a wiping out of capital values, a liquidation of global debt. We cannot yet be sure, but we can see that the main factors of global economic development are all in difficulty. On the one hand…
August 1st, 2008 | William Rees-Mogg | 1 comment | Continued
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