New York Post: How a Looming Economic Crash Abroad Could Smack US Shores
Article by Desmond Lachman in New York Post
In 2008, we learned how very interconnected the world economy has become. A bankruptcy at Lehman, a relatively small US investment bank, shook the world financial system. It also plunged the world economy into its worst postwar recession up ’til then.
This interconnectedness is why our economic policymakers would be well advised to pay careful attention to the economic troubles brewing beyond our shores...
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