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subprime a myth

  1. nickyjames
    22,698 Posts.
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    21/12/07
    00:16
    Post #: 3182370
    I've seen and heard many people to say that the subprime is just a myth and it is scare tactics and an overreaction from the US. Well, when you see companies in the US like Bear Stearns and Merril lynch post their first ever losses, then something must be up.
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