Friday, July 27, 2007

The Era Of Cheap Money, The Lifeblood Of The Economy, is Over.

Easy credit has been the economy's lifeblood in recent years. It gave people who previously couldn't afford homes a crack at the American dream. It fueled multibillion-dollar takeovers of some of corporate America's biggest names. It buoyed the stock market and propped up the prices of many other assets.

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