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Global Recession: Causes, Consequences, Fixes, Part 12

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This article is heading our discussion on causes, consequences and fixes for global recession, towards conclusions. It summarizes the discussions in the previous eleven articles in this series. Makes conclusions on the evidence, facts and historical analysis presented in earlier articles. Provides a logical stream to overall discussion. Analyzes and compares the different approaches, points of view and proposals in this regard. Forwards definitive conclusion about what happened, why happened, what was done, what could have been done and what can be done?

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Global Recession: Causes, Consequences, Fixes, Part 1

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It is now a historically proven fact that depressions and recessions are regular happenings in capitalist economies, including U.S. economy. In this series, we are going to examine the causes of various recessions and depressions, their consequences and fixes that worked, keeping politics and ideology aside.