How US banks are destroying the American economy

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How US banks are destroying the American economy

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03-02-2008, 10:10 PM

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How US banks are destroying the American economy

US banks are parasitically feeding on the debt problems of America. The Bush economic rescue plan is already doomed, partly because you cannot beat economic cycles, but also because US banks and lenders are in a feeding frenzy over debt charges. We’ve already heard of the Credit Crunch - mass defaulting on US sub prime mortgages which [...]

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