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Explain what were some of the causes of the global financial crises in the USA and how the GFC unfolded in the USA? As well

Explain what were some of the causes of the global financial crises in the USA and how the GFC unfolded in the USA?

As well as this, what were some policy responses implemented by the US and Australia to combat the GFC respectively?

Finally, what are some lessons we have learnt from the 2008 GFC?

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