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How did the crash happen? Over-inflating the economic balloon with debt that was vulnerable to rises in oil price. What do we do about it? Use non-oil-based projects and approaches to generate economic growth or else we are going to make things...

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Ask most people about the causes of the current financial meltdown and the proposed massive Federal bailout and it comes down to two factors.  First, sub-prime mortgages were made to households unable to pay for them when rates readjusted upward.  Second...

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Much pain has been experienced in the American and world economy due to the collapse of sub-prime mortgages. This slow motion car wreck has resulted in: massive commercial and investment bank write-downs, the beginning of a series of bank closings,...

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