The new millennium poses a series of substantial challenges to America as an economic world power. On September 11, 2001, the heart of the American economy and, concomitantly, the center of Western capitalism had been severely attacked. Moreover, America’s aura of invincibility took a blow as the American self-image as a safe haven and a place of refuge was severely shattered.
KeywordsCivil Society Financial Crisis Credit Default Swap Bond Market Great Recession
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