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The Downgrade In the Economy

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The Downgrade In the Economy

Postby shlljhn » Tue Aug 12, 2014 2:49 pm

Do you remember the stock market crash in 2008 and stock market crash of 1929? It looks like that we are following the same line again as the heading repeats stock market crash 2014. In 2008 when the great crisis hit America, the govt tried all to escape out of it. The GDP data suggest that the economy is is growing then why are investors pricing in an economic slow down. Even the stock market is down by four percent this year as measured by the calculations from the Dow Jones data. Over that time the govt had started to invest into the private sector and also had to borrow trillions of dollar to maintain the economy, but it was worse as the American govt had fallen into the great debt crisis. Again in 2014 the same issue is repeating. The govt are already in a great debt. How will they recover this time? Again the war in Iraq has began. Why? is it for the Oil crisis again? There are taking all the major steps to protect their economy even though the steps are wrong. Lets see what happens this time. I read this article from Michael you can refer for the information.
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