In 2008 the world fell into a Recession so deep and widespread that it rivaled the Great Depression of the 1920’s and 30’s. A lot of the apparent growth in the following years has been fueled by government bailouts, loose monetary policy and huge injections of capital in the form of quantitative easing. In an attempt to stabilize global markets following the last recession, borrowing has been made extremely cheap in developed economies like the United States.
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