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The financial crisis was caused principally by unprecedented capital flows into the United States (and other.

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China is in the greatest financial bubble in history. In the high-income ranks, Switzerland’s per capital income is $81,000, almost 50% greater than the United States. In 1960, per capita GDP for China was $90 in constant dollars.

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“The biggest thing we have to fix is that we have to get the United States banking system working again” Cohn said. “We need to get capital available to small and medium size businesses and for entrepreneurs. Today banks do not lend.

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More than $12 billion of investment in new power plants has been postponed in recent weeks as financial markets, unnerved by Enron’s sudden descent into bankruptcy, have effectively raised the cost of capital. president’s chief.

The two funds were based in British overseas territories with no corporation tax and at the centre of the offshore financial industry. a company set up by Vision Capital to "acquire a portfolio of two retailers in the United Kingdom".

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