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Financial Sector Reform

The Ongoing U.S. Mortgage Disaster


L. Randall Wray writes a devastatingly insightful blog on EconoMonitor as he exposes the massive fraud that is the U.S. mortgage system. Read more about this shameful and illegal situation through the following link.


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  1. […] United States is rapidly deleveraging and the household savings rate remains high, but the mortgage situation remains unresolved and will continue to act as a break on domestic consumption; […]

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