However, his claims were much argued and proven wrong by Milton Friedman who stated that the recession caused by the financial was not as deep as the one caused by the Great Depression, which led to the fall of the country's GDP by 25 to 30% and lasted much longer than the Great Recession. 1 Financial crisis of 2008 has left many nations crippled. ...

• Word Count: 1919
• Approx Pages: 8
• Has Bibliography
• Grade Level: High School