- NEW!
by Jim in a Nautilus COAT on October 27th, 2009
Not likely. We came oh-so-close in the banking crisis to the same set of stupid mistakes that touched off the world-wide banking collapse of 1929 and the Great Depression. But our banks have been stabilized for now, and the rest of the world is beginning to recover from our most recent episode. We sneeze and the world gets a cold.
However, the endemic risks added to the economy by years of "conservative principles" and Republican deregulation are still there and waiting to bite us again. The underlying risk must be corrected, or it will happen again.
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by Answerbag Staff on April 27th, 2010
| 1 person likes this
How to solve this microeconomics problem?
by Anonymous on December 29th, 2011
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Don't a majority of American workers work jobs that are unskilled overall and did not require a specific degree to obtain?
by helme on December 16th, 2011
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Are U.S salaries too high only as much as U.S CEOs and top execs are in comparison to the rest of the world?
by -O-uknow on November 19th, 2011
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Should everyone suffer because the governments of Greece, Italy, and Spain are corrupt and greedy?
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Comments
Thanks Jim (again)!
by Adz3r0 on October 27th, 2009
Tiy're welcome, Adz3r0
by Jim in a Nautilus COAT on October 27th, 2009