The Consequences Of International Financial Crisis

- May 16, 2018-

Let's look at the lasting consequences.The great recession since 2008 has changed the lives of millions of people, but it has not fundamentally changed America's economic and social fabric. In stark contrast to the great depression of the 1930s, the crisis led to an astonishing expansion of the federal government's economic role and fundamental changes in the American financial system.In contrast to the New Deal legislation, Roosevelt's New Deal legislation, signed in 2010, is tinkering, and at least some of it may be reversed.

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