The "Other" Imbalance and the Financial Crisis
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One of the main economic villains before the crisis was the presence of large "global imbalances." The concern was that the U.S. would experience a sudden stop of capital flows, which would unavoidably drag the world economy into a deep recession. However, when the crisis finally did come, the
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美国国家经济研究局创建时间：
2010-01-01
