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Shlaes, Amity
January 2010
Forbes Asia;Jan2010, Vol. 6 Issue 1, p12
The author discusses aspects of the Great Depression which has greatly affected the economy of the U.S. She likens the economic crisis to the Hurricane Katrina which has left a negative impact on the country marked by the decline in the international and banking sector. Several problems which have caused the slowdown of the economic recovery during the reign of President Herbert Hoover are also cited including taxation, labor costs and executive discretion.


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