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국제금융체제의 재편 가능성과 한국의 대응전략


The first was 1982-90, the “Seven Fat Years” of the Reagan administration.
The second, in 1991-2001, was the longest expansion in American History.
The third great boom was the Bush expansion of 2002-08.

The sub-prime mortgage crisis had been managed with the unprecedented $300 billion central bank bailouts of August 9-10,2007.

Question: What detonated the Lehman crash more than a year later?
The answer: the Federal Reserve Board let the dollar soar by 30% after June 2008...