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Nouriel Roubini's EconoMonitor
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The Worst Financial Crisis Since the Great Depression

Sep 16, 2008 10:46AM

Regular readers of this blog are familiar with my views. But here below is a repeat of detailed summary of the reasons for my views (as presented on this forum last month) that this will turn out to be the worst financial crisis since the Great Depression and the worst US recession in decades (hyperlinks to my relevant recent writings are provided for each argument). As I wrote in August:

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