kaal:claim:2748096-014
Hedge fund losses large enough to affect the overall economy did not appear until after the crisis and recession had already been triggered by the mortgage market collapse and sustained stock market losses, which places hedge funds downstream of the crisis rather than at its origin.
Source quote, verbatim
evidence also exists that hedge fund losses that could have affected the overall economy did not occur until the financial crisis and the recession had been triggered by the mortgage market collapse and sustained stock market losses
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empiricalsupport: evidencedprivate-fundseconomicsempirical-evidence
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