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America’s economic crisis is beyond the reach of traditional solutions

November 14th, 2008
Categories: News

Link: http://onlinejournal.com/artman/publish/article_4011.shtml

By most accounts the US economy is in serious trouble. Robert Reich, an adviser to President-elect Obama, calls it a “mini-depression,”and that designation might be optimistic. The Russian economist, Mikhail Khazin says that the “U.S. will soon face a second ‘Great Depression’.” It is possible that even Khazin is optimistic.

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