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Globalization and its effects!

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It appears there are names behind the faces of the sub prime slime and it has spread abroad. If you need anymore proof that our economy is not global look no further. We all are interopable at this point. We hawked our supposed triple A paper to these banks and foreign investors, and now they are finding out it’s not worth more then the paper it was printed on.

Full article

http://www.nytimes.com/2007/08/09/business/09cnd-stox.html?hp

 


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