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nailer
on Nov 14, 2008
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A Visual Guide to the Financial Crisis
Someone moderated you to zero. I think you make a fair point: poor people's debt is exactly what sub prime mortgage boom was about.
swombat
on Nov 14, 2008
[–]
No, no, not poor people's debt.
Our debt.
Because:
* we own the debt now
* we're all gonna be poor anyway
:-)
nailer
on Nov 14, 2008
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I'd say how the crisis started is more relevant to understanding the crisis than the way governments are attempting to fix it.
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