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recession in us.
by subodh tandon on Feb 09, 2008 03:09 PM

This is primerly due to the Iraq war slapped on the americans citizens with a view to get compensated by other world economies (U.K. India, China,Japan, Germany names of few). By draining Iraqi oil. and export the same Iraqi oil to energy hungry countries. This idea boomranged and after passing 2-3 years burning hands on Iraq american economy going into back gear. being worlds biggest economy hitting other countries.

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US elections trigger recessions?