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| Date Added: April 22, 2008 09:33:02 PM |
| The collapse of the subprime mortgage market in late 2006 set in motion a chain reaction of economic and financial adversity that has spread to global financial markets, created depression-like conditions in the hous ing market, and pushed the U.S. economy to the brink of recession. |
Category: Business & Economy » Finance and Investment |
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