Thursday, April 09, 2009

US Economic Crisis - Perspective from the IMF

The Atlantic Online | May 2009 | The Quiet Coup | Simon Johnson:
"In its depth and suddenness, the U.S. economic and financial crisis is shockingly reminiscent of moments we have recently seen in emerging markets (and only in emerging markets): South Korea (1997), Malaysia (1998), Russia and Argentina (time and again)."
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