What started as a US financial crisis has turned into a global economic crisis. And the mess just grows bigger by the day, affecting real businesses and bringing down large economies to their knees.
Governments are pumping in money and central banks are lowering interest rates to record lows to resuscitate their economies. While all these efforts are vital to minimise the effects of the downturn, they do not really deal with the root cause of the problem or ensure long-term sustainable development of societies.
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