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IPFS News Link • Economy - Economics USA

US debt jolts world markets

8-17-2007 • Christian Science Monitor

Chinese central bankers, French pension-fund managers, and staid German bankers have been the piggy bank for America's housing boom. Foreign loans to help Americans get mortgages have quadrupled to nearly $1 trillion.

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Reported By Powell Gammill

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US debt jolts world markets

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