http://thenextrecession.wordpress.com/2012/05/03/the-long-depression-the-waste-of-capitalism/
World capitalism’s recovery from the Great Recession is the weakest turnaround from a slump since the 1930s. In effect, world capitalism, at least its mature capitalist economies, is in a long depression. In many economies, the previous peak in output before the slump has not been surpassed.
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