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Debt-market bomb could hurt us all


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#1 .Blizzard

.Blizzard

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Posted 24 February 2007 - 04:24 AM

The greatest economic threat today isn't deflation in the housing market. A bigger worry is that a meltdown in the debt markets could force the global economy into a credit squeeze and recession.

By Jim Jubak - click here

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#2 spielchekr

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Posted 24 February 2007 - 07:18 AM

Selling high-risk to the risk-adverse can't work out real well when all's said and done.

Edited by spielchekr, 24 February 2007 - 07:19 AM.