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What’s behind the credit crisis?

Story date: 2007-12-11 10:16:00
Added on: 2007-12-11 23:00:39


Socialist Worker - The first is where the crisis started in the US subprime market, dealing in mortgages for people with poor credit records. The ... The danger is that this will now go into reverse. As credit becomes scarcer and more expensive, households cut back on their ...


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