Five ways the financial crisis is already changing the world at izbrano

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Five ways the financial crisis is already changing the world

Telegraph - All eyes are on the financial system, and rightly so. If its collapse continues for much longer the very real risk is that the world faces an economic slump of the likes not seen since the 1930s, with all that entails: mass unemployment, economies shrinking for years rather than mere quarters, protectionism which provokes serious geopolitical turmoil – the possibilities are so horrific it is painful even to write them. But let’s take a step back – or rather forward.

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