Which is better: the recession or the crisis?


Economic collapse blogger Matthew Daddio has written a book about the Great Recession, and has written for the Financial Times and Business Insider.

His latest book, The Crisis, will be published by Penguin on July 12.

In his book, he argues that the financial crisis, as the global economic crisis is often described, was a combination of a recession, which began in the U.S. and lasted for more than a decade, and a crisis, which lasted longer than a recession and came at a more severe cost.

The book argues that many people are misdiagnosed as being in the crisis or not, which leads to a situation where people get trapped and suffer.

“It’s a combination, because the crisis has lasted for so long that people are really not seeing the big picture, which is that there was a very real economic collapse,” he told CNBC.

“The crisis was the consequence of a misdiagnosis of the economy, and the misdiagnosing of the crisis is not helpful to recovery.”

The Crisis explains how the economic crisis unfolded, how it can be avoided, and what can be done to make it better.

Here are some of his key points:1.

The financial crisis began when a group of banks started to fail in the United States and around the world.

This is not a story about a financial crisis.

It’s a story of a financial system that was built on an unsustainable asset base.

The asset base of those banks included government debt and mortgage securities, as well as financial derivatives like credit default swaps, which can turn into assets if a bank goes bust.

These derivatives were used to finance the global financial crisis of 2008-09, when people around the globe lost faith in their banks, and banks started failing, leading to a financial collapse.2.

Banks in the world had to rely on government-backed securities to keep their assets safe.

Government-backed loans were used by banks to help them recover from their own losses and to buy back assets, which were collateralized with government-issued bonds.3.

When the global economy was recovering from the crisis, the banks that had been on shaky ground had to get out of their old positions and start lending again.

This was called a “recovery,” which means that the banks had to make a bet that their new clients would be able to pay back the money they lent.4.

This bet was made by those banks that were trying to make up for their bad bets on the U-shaped credit curve.

The banks that lent money to people who were out of work and struggling were forced to bet that they would make more money.

And, because of their bets, they made lots of money.

As a result, they were able to buy up huge amounts of government-supported debt that they had lent.

The government backed bonds they were buying were backed by the same amount of money that they lent, and they were getting richer.

The money they were making from their loans was now coming out of the pockets of people who had no other options.

The result was a “Great Depression,” which lasted for nearly two years.

The global financial system collapsed as a result.5.

The Great Depression was caused by bad policy decisions made by policymakers, who created the environment for banks to fail.

When governments try to control a market and create an environment that encourages reckless behavior, that can lead to the financial system to go bust.6.

The crisis began because of bad policy.

A lot of people were losing faith in banks, banks that did not have enough capital to keep the economy afloat, because they had been borrowing from governments that were in the middle of a “financial crisis.”

Banks had to pay off their loans in large amounts to people with no other option.

This meant that those banks had no liquidity, which meant that their lending could not be matched by other banks, which made it even more difficult for them to get their loans repaid.7.

When those banks lost their money, they went bust.

The big banks that borrowed from those governments went bankrupt, and so did their customers.

Those people lost their savings and their homes, and some went bankrupt themselves.8.

This process of bankruptcies was a vicious cycle that went on for several years.

It was not a short-term crisis.

The banking system was in trouble and had to go through a lot of bad decisions that led to the crisis.

People who were not in a position to bail out their banks at the beginning of the cycle lost their jobs, and their home, and everything they had.

This left them with no way of getting their money back.

People were losing their jobs and their lives, and people were struggling to pay their mortgages.9.

In the years after the crisis ended, the big banks were bailed out, which resulted in a financial rescue, which led to another financial crisis and then the Great Depression.

This cycle is still going on, and there are some signs that the cycle is coming to an end.10. The