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Global Economic Situation
Recession cause ambitous polices, such as backstopping of private asset markets, massive quantitative easing by major central banks and enoromous fiscal stimulus packages
China companies and banks signed more than $40 billion worth of deals with Russia, Venezuela, Brazil, Iran, and France to secure long-term access to key ram material at reasonable rates.
Throught privatization, liberalization and deregulation, even social democratic goovernments have accepted the idea that lightly regulated markets represents the most efficient form of resource allocation