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But, the great moderation was really over by the time Bernanke's paper was published. During the late 1990s, the first internet boom was supported by easy credit provided by the Fed and new types of debt instruments created by the newly deregulated banks. Starting in March 2000, the dot.com boom collapsed and the Nasdaq stock index fell 78 percent from its peak. Combined with the aftermath of the terrorist attacks of Sept 11, 2001, this pushed the US economy into recession.

But that was back in 2011 when it was considered little more than a Quora copycat.

By 2025 the status of China's offshore service outsourcing as the main channel for productive service exports will be further consolidated, and the proportion of high-tech and high-value-added digital business will continue to increase. Service outsourcing will become an important channel for China to introduce advanced technology to enhance value chain level, the guidance read.

By 2020, proven reserves of shale gas will surpass 1.5 trillion cubic meters, according to the 13th Five-Year Plan (2016-20) on the energy sector released by the National Development and Reform Commission and the National Energy Administration.

But while the economy is still growing, social and economic frustrations have mounted over the benefits not being equally shared and the demonstrators who mounted giant candlelit protests against Park last year also targeted Lee and other chaebol chiefs.