Discover and read the best of Twitter Threads about #GreatRecession

Most recents (2)

Those in the House objecting to #PelosiForSpeaker and THEIR record

1. @repjimcooper

✅ Voted nearly 40% of time with Trump. 🚩
✅ Voted anti-immigrant
✅ Voted for #KatesLaw
2. @RepSchrader

✅ Voted 31.5% of time with Trump (odd for an Oregonian)
✅ Voted against #Gunsense 🚩
✅ Voted to roll back regulations to avoid another Great Recession (with many experts claiming recession is right around the corner in 2019)
3. @RepLynch against #PelosiForSpeaker

✅ Voted with Trump 30% of the time (strange MA would send someone like that to Congress)
✅ Voted for horrible #KatesLaw
✅ Voted for bill completely supporting @ICEgov — even the bad. #BabiesInCages 🚩
Read 10 tweets
1/ A decade after the #globalfinancialcrisis, what’s changed? And what hasn’t? We recently surveyed the state of the global financial system: Take a quick tour with us in this #thread.
2/ After the #GreatRecession, many expected a wave of deleveraging. But it never came. The combined global debt of governments, nonfinancial corporations, and households is up by $72 trillion since the end of 2007.
3/ Consistent with history, a debt crisis that began in the private sector shifted to governments in the aftermath. From 2008 to mid-2017, global govt debt more than doubled. A line chart shows public debt rapidly increasing during 2008-2016. A bar chart shows debt-to-GDP ratio of private debt rising from 144 in 2000 to 164 in 2007 to 164 in 2017.
Read 16 tweets

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