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ABSTRACT. Nanto et al. say that the origins of the financial crisis point toward three developments that increased risk in financial markets. te Velde asserts that the global financial crisis is already causing a considerable slowdown in most developed countries. Taylor shows that monetary excesses were the main cause of that boom and the resulting bust, and that the excessive risk taking and the low interest monetary policy decisions are connected.

 

GEORGE HODOROGEA
Wales University

 

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