It's our versatile villain. Globalization has served as a whipping boy for politicians of both parties and legions of pundits. We blame it for all manner of grievances: lost jobs, greater inequality, shoddy goods. But take this quiz as a reality check. What explains the resilience of the U.S. economy in the face of the deepening housing collapse? (a)
Ben Bernanke's deft management of the
Federal Reserve; (b) the tireless spending of consumers; (c) low inflation; or (d) foreign trade.
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