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29 August, 07:57

What happened after bank lending slowed in the united states in the mid 2000s

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  1. 29 August, 08:48
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    US and global stock markets collapsed
  2. 29 August, 09:33
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    The bank lending slow down led to the collapse of US and global stock markets. The financial system is basically interconnected due to the forces of globalization and technology. A slowdown in one sector quickly leads to a slowdown in others
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