The Australian Treasurer Peter Costello has warned of a "huge tsunami" set to engulf global financial markets in the wake of the US sub-prime mortgage meltdown, and said rapid Chinese growth could not continue. “That will set off a huge tsunami that will go through world financial markets.”“That will be a wild ride when that happens... that w
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6-23-2026
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A lot of criticism was given to the Bush Administration for proposing a 3-page bill to address the financial markets. While I had some criti...
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