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Economy crisis key problems (02) How did the financial crisis become an economy crisis?

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Michael BärApril 2, 2009

Welcome Back. All this week we're looking at various aspects of the financial crisis. It's a crisis that has long since turned into an economic downturn. The problems began with the bursting of the property bubble in the US, that turned into a banking crisis, with bankers hesitant to give money to each other, and all but ceasing lending operations. And if the banks don't work, nor does the economy.

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