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View Full Version : Greenspans Cheap Money role in the US Housing Crash of 2007


Sapiens
02-07-07, 11:20 PM
http://www.marketoracle.co.uk/Article320.html
The upcoming recession is the direct result of policies which originated at the Federal Reserve and which were intended to create a crisis. It is a clear attempt to change American societyon a structural level by exacerbating the divisions in wealth. The expansion of debt invariably strengthens private ownership and enhances corporate profits. It also weakens democratic institutions and national sovereignty.