Subprime crisis

Reasons for Global Recession – Part Two

March 10, 2009

In one of my earlier posts, I wrote about the causes of global recession. This post become quite popular and hundreds of people thanked me for the simple explanation of this phenomenon. This is article is in continuation of what I wrote in that post. Sub-prime mess which was the main theme of that post [...]

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Reasons for Global Recession: In plain simple English

October 18, 2008

These days the most talked about news is the current financial crisis that has engulfed the world economy. Every day the main headline of all newspapers is about our falling share markets, decreasing industrial growth and the overall negative mood of the economy.  For many people an economic depression has already arrived whereas for some [...]

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