US Macroeconomic policy 2006-2008 Business Research Paper
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US Macroeconomic policy 2006-2008
Rather than allow this bubble to fully unwind, the Fed created more asset bubbles, especially in housing, leveraged finance, private equity and asset-backed securities from 2006 till now. In 2007, the American economy began to slow significantly, mostly because of a real-estate slump and related financial problems, there were predictions that margin squeeze from high energy prices or a dollar shock could be crucial factors tipping US growing economy into a downturn.