Monday, August 6, 2007

Sub Prime Bust Expands….

News Article

Well errrm yes... but according to the press over here this doesn't mattre or does it?

Posted by orwell @ 01:39 PM (384 views)
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2 thoughts on “Sub Prime Bust Expands….

  • Japanese Uncle says:

    Sky News, The Times, Telegraph, etc, the mainstream media are pushing rubbish to the general public who would never (except just a few) benefit from the creation and collapse of the financial bubbles. Peple who are suffering and who will severely suffer in the very near future will never forget the experience and stop buying newspapers, or stop subscribing to paid TV,etc. Those major media earning money by deceiving the common men, must seek earnings from the big financial bosses, instead. God knows how long they can last then. Only BBC can survive, keep telling lies, as they have guaranteed source of income.

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  • The August 3 Wall Street Journal featured the headline, “Lenders Broaden Clampdown on Risky Mortgages—Tightening Standards Could Worsen Slump in the Housing Market.” Indeed they will, as happens in every bust.


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