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The economic crisis of 2008 – a historical perspective

Wojciech Morawski

DOI: lack

Vol no: 4

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The financial crisis of 2008 will occupy a place in history similar to that of the Great Depression of the 1930s or the oil crises of the 1970s. It is not a temporary downturn, but a solstice that changes the balance of power in the world economy.