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We are going through the worst financial crisis since the 1930s. In some ways, this crisis is similar to other crises that have happened in the last twenty-five years but there is a difference. poignant: the current crisis marks the end of an era of credit ballooning with the US dollar as the international reserve currency. While cyclic crises are part of the boom-bust cycle; then the current crisis is the culmination of an outbreak that lasted for more than twenty-five years.
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