The Real Reason for USA based Economic Recessions.
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NOVEMBER 28, 2010
All of the recessions listed above were caused by oil except the early 2000 recession that was caused by September 11th, 2001. 1979 saw world oil prices skyrocket during the Iranian revolution and American Hostage Crisis and by the early 1980s the American Economy was right back into a recession. t stop the economy.
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