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In the recent financial crisis, both Florida and Spain experienced historic housing booms and busts, and both suffered greatly when housing prices collapsed. From what
In the recent financial crisis, both Florida and Spain experienced historic housing booms and busts, and both suffered greatly when housing prices collapsed. From what you know about the monetary systems these regions are a part of, and given their different cultures, would you expect one of the regions to have had an easier time adjusting to its economic crisis?
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