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IPFS News Link • Economy - Economics USA

Credit crisis could cost nearly $1 trillion, IMF predicts

4-8-2008 • Bloomberg

The International Monetary Fund said financial losses stemming from the US mortgage crisis might approach $1 trillion, citing a "collective failure" to predict the breadth of the crisis. Falling US house prices and rising delinquencies may

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Reported By Powell Gammill

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Credit crisis could cost nearly $1 trillion, IMF predicts

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