Commodity Trade Mantra

Posts Tagged ‘Subprime Lenders’

The World’s Largest Subprime Debtor: The US Government

Six years ago financial institutions were demonized as subprime borrowers who could not repay their loans. If the federal government turns out to be just another subprime debtor, we should expect the blame to be placed on the Federal Reserve for fostering such a situation and allowing it to persist for so long.

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