Economic crises in the thirties and today |
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Authors: | Christoph Buchheim |
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Institution: | (1) University of Mannheim, Mannheim, Germany |
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Abstract: | In the context of the ongoing financial and economic crisis reference is frequently made to the Great Depression of the 1930s
and fears are voiced that we may have embarked on a similar path. This article looks at the conditions prevailing back then
and compares them with the present economic environment. From this some conclusions are drawn as to the likelihood of a recurrence
of the disaster. |
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Keywords: | |
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