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            | Topic: | Business | 
        
            | Number of pages / Number of words: | 3 / 629 | 
                
    
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The global financial system could find itself short of capital and paralyzed by fear, damaging economic growth in many countries. Therefore, it is crucial that major Central Banks work as an unified entity to make consistent decisions across the globe.
As the credit crunch continues to take its toll on the U...
        
        
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financial system, we have witnessed its impact on several large and well-known financial firms, and in the global financial markets. Clearly, we stand witness of unprecedented financial events, at a moment in time when a crash is more likely to happen than at any time in years. Does this mean it will happen? No...
        
        
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