Is this a world wide monetary collapse? discussion

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Spawning another recession ?

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message 1: by Daniel (last edited Aug 25, 2016 01:24PM) (new)

Daniel | 50 comments Mod
"Moving Ahead on Mortgages"

http://www.nytimes.com/2007/10/28/opi...

"To date, the Treasury has seemed mostly concerned that moving forward in a big way on any front in this complex situation could have unintended consequences. But the consequences of doing nothing substantial are worse, including mass foreclosures that undermine the financial system and impede the markets’ recovery, possibly spawning a recession."


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