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Adair Turner: The Devil's in the Debt
The 2008 financial crash was a self-inflicted, avoidable economic catastrophe. It wasn't the result of war or political turmoil, or the consequence of competition from emerging economies. It didn't derive from underlying tensions over income distribution or from profligate government spending. No, the origins of this crisis lay in the
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Posted: November 6, 2015 Friday 03:00 AM