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Congress decides it is worth risking another depression

EPISODE · Sep 30, 2008 · 7 MIN

Congress decides it is worth risking another depression

from FT Martin Wolf

It is just over 70 years since the Great Depression. Judged by its rejection of the US Treasury's bail-out plan, Congress believes it is time to risk another one. Martin Wolf argues a slump is not inevitable but only if action is taken to prevent one. Hosted on Acast. See acast.com/privacy for more information.

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Congress decides it is worth risking another depression

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