Study: The Great Recession Cost $14 Trillion

1,200 views · Published 31 July 2013 · 4:37 · Indexed 26 October 2026

Channel: Secular Talk · 2013 · News & Politics

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The financial crisis likely cost at least a year's worth of U.S. economic output, a new Fed study finds. Worse, it's hurting the economy even now and will hurt it for years to come.

That is the cheerful conclusion of a new study by economists at the Dallas Federal Reserve, entitled "How Bad Was It? The Costs and Consequences of the 2007--09 Financial Crisis."

Read More At:
http://www.huffingtonpost.com/2013/07/30/financial-crisis-cost-fed-study_n_3676118.html

Clip from the Tuesday, July 30th 2013 edition of The Kyle Kulinski Show, which airs live on Blog Talk Radio and Secular Talk Radio monday - friday 5-7pm Eastern.

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