Notes from the Editors

November 2008
Monthly Review: An Independent Socialist Magazine;Nov2008, Vol. 60 Issue 6, preceding p1
The authors discuss the decline of the U.S. economy in 2008. They mention the emergency plan for a $700 billion bailout of financial firms of U.S. Secretary of Treasury Henry Paulson and the public outrage on the plan. They believe that the plan would not end the crisis and foreign investments are likely to fade due to the rapid decline in the U.S. economy.


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