Birth Of The Credit Slump P5
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DarkAngelStarQ asked:
The slump started with a destabilised housing market in the summer of 2008 and triggered financial turmoil in the markets after it was found these NIJA’s were packaged as financial products which went sour after many defaulted on their loans. This created a run on the banks after confidence was hit and financial speculators went in for the kill. Today the global economy is in depression, the real question is was this cleverly staged?
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