If you haven’t been living with some nomadic tribe for the last few weeks – and even then- you will have heard about the Financial crisis and how it was caused by corporate greed.
But not everybody thinks the companies are to blame, among the defenders of the free market we find authorities like the Nobel-prize winning Joseph Stiglitz. This economist says that low interest rates and Bush’s tax cuts paved the way for the risks taken by enterprises and the following
Source: http://www.reuters.com/article/newsOne/idUSL2719096320080427
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If you haven’t been living with some nomadic tribe for the last few weeks – and even then- you will have heard about the Financial [no capital letter] crisis and how it was caused by corporate greed.
But not everybody thinks the companies are to blame, among the defenders of the free market we find authorities like the Nobel-prize winning Joseph Stiglitz. This economist says that low interest rates and Bush’s tax cuts paved the way for the risks taken by enterprises and the following U.S. recession. Not al companies have been behaving like angels but most of them have acted correctly and that’s apparently more then ['than' i.p.v. 'then' !!] we can say for our governments.
Well-written text. Good flow.
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