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The Credit Crunch Is the Solution, Not the Problem

posted by Avatar trade2win 1312 days ago in USD, Fundamental, Special made popular 1312 days ago

Since roughly October 2007, the world’s financial institutions have trembled, credit markets have seized, and as the government bailouts arrive, a consensus view has developed that the root cause of our recent misery is the greed of over-levered, under-regulated financial institutions, helpless in the face of overwhelming losses caused by indefensi
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