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Dallas Fed: The financial crisis cost the US up to $14 trillion

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The 2007-2009 financial crisis will end up costing the United States between $6 trillion and $14 trillion in lost economic output, according to a study released Monday by the Federal Reserve Bank of Dallas. The study’s authors, Tyler Atkinson, David Luttrell, and Harvey Rosenblum, estimate the difference between actual and projected economic growth and what growth would have been if the...

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