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IPFS News Link • Economy - Economics USA

Housing Boom And Bust

04-23-2011 • arclein

The much more persuasive case has been made that the combination of ultra low rates, shadow banking system, corrupt rating agencies, foolish lenders, irresponsible borrowers and dumb bond fund managers were the primary causes. The DATA provides an overwhelming viewpoint of where the Housing boom and bust came from Barry, I think you’re confusing the subprime crisis with the housing boom.

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Reported By robert klein

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