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Second half of 2010: Sudden intensification of the global systemic crisis
Link: http://bellaciao.org/en/spip.php?article20110
LEAP/E2020 is of the view that the effect of States’ spending trillions to « counteract the crisis » will have fizzled out. These vast sums had the effect of slowing down the development of the systemic global crisis for several months but, as anticipated in previous GEAB reports, this strategy will only have ultimately served to clearly drag States into the crisis caused by the financial institutions.
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