Archive for February 25th, 2009
Continuing from the article by Walden Bello: Dynamics of the Subprime Implosion The current Wall Street collapse has its roots in the Technology Bubble of the late 1990s, when the price of the stocks of Internet startups skyrocketed, then collapsed, resulting in the loss of $7 trillion worth of assets and the recession of 2001-2002. [...]
