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hang on.
March 19th, 2008 · No Comments Yet
The Fed’s cutting interest rates, reviving the banking markets, all to the good. But the sub-prime repossessions didn’t really kick in until the rate rises of ‘07, right? So isn’t the whole crisis kind of the Fed’s fault anyway??
Filed under: Politics, Quick thoughts
See other entries about: credit crunch, impending doom, subprime mortgage crisis
