GFC resulted in $568 Billion Stimulus (jan 1, 2007 – jan 1, 2008)
Description:
The economies unprecedented growth was slowed during the GFC of 2008-2009, greatly reducing their growth from 14.2% to 9.2% in 2009. This resulted in a USD$568 billion stimulus package designed to recoup the loses of the GFC, and help push the Chinese economy forward.
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Economics
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