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The worst economic and financial crisis in decades

Nouriel Roubini | Aug 20, 2008

Regular readers of this blog are familiar with my views. But here below is a detailed summary of the reasons for my views – as presented in this blog in the last few months - that this will turn out to be the worst financial crisis since the Great Depression and the worst US recession in decades (hyperlinks to my relevant recent writings are provided for each argument):


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