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Dollar Bear: Crunch time for the American consumer

Started by tfn · 1 year ago

"As defaults increase and losses mount, credit will tighten like a noose around the neck of America’s consumer based economy." — Peter Schiff
by Peter Schiff

Baltimore —(TFN): The subprime mortgage crisis is merely the tip of a very large iceberg. Beneath the surface lies not only a sea of tenuous loans to ... Continue reading »

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