In his latest address to the American people the US president has announced that the financial system in the US faces imminent collapse if 700 billion is not injected in the system by the government purchasing sunken mortgage-backed securities ?
Note that the 700 billion comes from tax payers money .... ie. The government will use tax money to let Americans continue borrowing money ... sounds insane..
Note that the 700 billion comes from tax payers money .... ie. The government will use tax money to let Americans continue borrowing money ... sounds insane..
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