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Politics : Politics for Pros- moderated

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To: Honey_Bee who wrote (490867)6/13/2012 6:35:51 PM
From: sm1th   of 793939
 
but the whole thing was set in place with the removal of the Glass-Steagall Act under Clinton's watch
You cannot underestimate the impact of the Fed keeping interest rates low after the internet bubble burst. The housing bubble couldn't have happened at historically normal interest rates.
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