Monday, January 28, 2008

What did the U.S. Government offer lenders to overlook them?

Economists openly said that the amount of debt distortion would be relative to the amount of the resulting crash which would undoubtedly take place. That statement was based on historical analysis dating all the way back to the depression and crash of 1929. The Bush administration decided to make the economy look good at all costs. To hell with his

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