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2007-2009 economic crisis

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It has become popular in the media to blame banks, consumers, Wall Street, and government for the 2007-2009 economic crisis. As an economist, do you think it is reasonable to blame each of these groups? Which group would you consider the primary culprit, if any? Why? Consider events of today, economists think we are headed into another recession. Are there parallels to 2007-2009?

Reference no: EM133217668

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