| Table of Contents: | | | | GEOGRAPHIC REGIONS : East Asia, International, United States | | | | TOPICS : economy, banking, fiscal, foreign investment, foreign trade, government, growth, monetary, policy, prices, property | | | | SIGNIFICANCE : The boom/bust cycle in asset prices typifies the present downturn, as it did the Great Depression. This has led to suggestions that the world economy could operate far below capacity (ie with high unemployment) for an extended period -- as it did in the 1930 |
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