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Econ%20104%20Syllabus--Pollin--Fall%20-page9 - Economics...

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Financial/economic crises are ‘business as usual’ Recent crises 2001—Dot.com bubble 1997Q98—East Asia and Long%Term Capital Management LTCM led by 2 Nobel Prize Winners in Finance/
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Unformatted text preview: Economics – 1989Q90—Savings and Loan CrisisQQ$150 billion bailout – 1987—Stock Market Crash—23% decline 10/19/87 3...
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