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September 17, 2012

UPI: Downturn cost estimated at $12.8 trillion

A lobbying group in Washington says the U.S. recession and the financial meltdown that followed cost the country $12.8 trillion.

“People actually shouldn’t be surprised there is a big number when you’re adding up the costs of what’s happened to this country,” said Dennis Kelleher, chief executive officer of Better Markets, which advocates for tougher finance regulations and came up with the price for the economic collapse…”

Read full UPI article here 

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