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Articles

Double-dip Recession

The US subprime mortgage crisis affected the globe housing market, the economy and the financial sector. In order to stabilize the financial system, a variety of global bailouts were implemented during late 2007 and early 2008. The effect of bailout plan on the economy is positive. By taking a look at the measure of corporate profit; we get a very sharp v-shaped recovery in some sense. But if let me to predict double-dip recession, I think that what could happen.

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