Cordinated, substantial, rapid global reduction in interest rates

Cordinated, substantial and rapid global reduction in interest rates.

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The Global Financial Crisis
How should the US and other governments respond?
Measures to alleviate the immediate symptoms?
Cordinated, substantial, rapid global reduction in interest rates
Implement timely bans on short-selling
Raise the federal minimum wage
Apply effective measures learn from the Resolution Trust Corp
Captial Injection in return for stock
Compile and communicate information on toxic free companies
Ease repayment terms on existing mortgage holders
Encourage expansionary monetary and fiscal policy abroad
Need to be perceived to be in control of the crisis
Prevent the collapse of working capital
Protect individual depositors in regulated banks
Quantify the problem
Recreate the Resolution Trust Corporation
The Emergency Economic Stabilization Act 2008
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