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Notes on the Credit Crisis of 2007-9
The global crisis of 2007-9 was, actually, a confluence of unrelated problems on three continents.
Central Banks and the Credit Crunch of 2007
On December 12, 2007, America's Federal Reserve, the Bank of England, the European Central Bank (ECB), the Bank of Canada and the Swiss National Bank, as well as Japan's and Sweden's central banks joined forces in a plan to ease the worldwide liquidity squeeze.
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