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    The world economy has an ominous August 2007 kind of feeling

    November 22, 2022
    The world economy has an ominous August 2007 kind of feeling

    August 2007 was, on the surface, a fine month for the U.S. and global economy. Unemployment was low. The stock market had a few bumpy days, but nothing too dramatic.

    • Yet many consider it to be the beginning of what we now call the global financial cris…
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