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What Really Caused the Great Recession?
Published Web Location
http://irle.berkeley.edu/what-really-caused-the-great-recession/Abstract
The Great Recession devastated local labor markets and the national economy. Ten years later, Berkeley researchers are finding many of the same red flags blamed for the crisis: banks making subprime loans and trading risky securities. Congress just voted to scale back many Dodd-Frank provisions. Does another recession lie around the corner?