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  • http://www.eminiaddict.com/2008/10/perfect-storm.html

    From the page: ""Over the past quarter century--dating to the dawn of the Reagan Revolution in fact--America has become awash in debt, and sub-prime home mortgages are just the tip of the iceberg. Home mortgages. Credit cards. Auto loans. Business loans. Federal debt. As shown below,... more

    Reviewed by mysportsrumors Oct 04 2008, 09:07am ( 16 reviews ) • eminiaddict.com

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  • Rated by missy232 on Dec 11 2008, 9:23am

    crazy stats on the economy. kinda scary yeah.

  • Rated by mysportsrumors on Oct 04 2008, 9:07am

    From the page: ""Over the past quarter century--dating to the dawn of the Reagan Revolution in fact--America has become awash in debt, and sub-prime home mortgages are just the tip of the iceberg. Home mortgages. Credit cards. Auto loans. Business loans. Federal debt. As shown below, since 1980, our public debt has grown ten-fold, from $4.4 trillion to over $45 trillion.""

  • Rated by ambaleigh on Oct 04 2008, 6:24am

    From the page: "We are witnessing the largest transfer of wealth that the world has ever seen. "

  • Rated by stagecroft on Oct 03 2008, 5:33pm

    UK Mortages are at a no -no right now ,nobody can borrow money, unless you have a high amount to put down,US side Twenty Thousand Dollars UK Ten Thousand Pound if you lucky!

  • Rated by yoga34 on Oct 03 2008, 4:46pm

    interesting article

  • Reviewed by aerobroken on Oct 03 2008, 4:39pm

    Good information, I just feel that if it was all that important and this was seen why was no one told ahead of time before all this collapsed. Great Share

  • Rated by UltraRob1 on Oct 03 2008, 4:37pm

    The scary truth. We can't keep borrowing forever.

  • Rated by synicalkid on Oct 03 2008, 4:05pm

    let the truth be heard.

  • Rated by stumgeek on Oct 03 2008, 3:50pm

    From the page: "To make things simple we have been borrowing money that has not even existed. We have relied on foreigners for most of our private and public projects. Don't even get me started on how our policy of printing money has taken us. Do you think that the world is going to continue to lend us money with the way that we have dis-credited ourselves? I know I wouldn't.."

  • Rated by davidhalsey on Oct 03 2008, 3:04pm

    The media isn't telling the whole story about this stuff. We are going into the worst financial crisis the world has ever seen.