Sun, Lijuan - In: International Journal of Diplomacy and Economy 1 (2013) 3/4, pp. 248-257
With the 2008 collapse of Lehman Brothers, Europe and the USA have become engulfed by sovereign debt crises, a problem that many felt no longer applied to the advanced economies. The US sub-prime loan crisis caused so much damage to the whole world, resulting in the global economy experiencing a...