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Contagion could be used to describe much of the activity in the capital markets over the last 40 years, as global financial flows have accelerated, trade and capital barriers have disappeared, regulatory oversight has diminished, and financial innovation has made the packaging and sale of securities as easy as ordering a Big Mac combo. From […]https://freedom24.org/rationalpost/wp-content/uploads/2009/03/contagion-300x227.jpg