Article by Paul Craig Roberts, former Assistant Treasury Secretary under Ronald Reagan, from counterpunch.org.
How the Economy was Lost
Thursday, February 26, 2009
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day of reckoning
–noun
the time when one is called to account for one's actions, to pay one's debts, or to fulfill one's promises or obligations
The world is currently facing the greatest economic crisis since The Great Depression. There's lots of opinions and theories flying around about the causes from both ends of the political spectrum. I'd like to share some of my favorites.
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