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Crisis is a natural phenomenon, but it’s people that make it happen
Central and commercial banks, rating agencies, regulators and politicians are mostly to blame for the crisis.
The experts present in Krynica agreed that crisis is a natural phenomenon. "Financial markets tend to lose balance once in a while. This is what happened the last time, and we must be ready that such situations will happen in the future," said Cezary Stypułkowski, President of BRE Bank. "It is true that it was man that contributed to the crisis, but nobody did that on purpose. This is the result of many factors,...
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