The Undollar Digest

Will the Next Fiscal Crisis Start in Washington?

Sheila C. Bair, www.washingtonpost.com, 11/26/2010
Two years ago the United States experienced its worst financial crisis since the 1930s. The crisis began on Wall Street, where misguided bets on risky mortgage loans resulted in enormous losses that few anticipated. More than 4 million jobs were lost in just six months after the peak of the crisis. [...]


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