fix articles 189029, rudy giulianis Los Angeles Indymedia : tag : rudy giulianis

rudy giulianis

Bankruptcies Prohibited (tags)

Capitalism is a system based on debts and credit. To function, it needs trust, trust that banks will always meet their obligations. Fannie and Freddie could not do this any more. Alan Greenspan promoted market forces after extremely overrating them.

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