10 points for a good answer in economics:us recession? - Freemason Hirams Travels Masonic Forums

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04-04-2008, 05:13 AM

Rapido

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10 points for a good answer in economics:us recession?

What is the housing crisis in the U.S. all about? can u explain the causes for the housing crisis by giving simplified answers without using any complicated terms coz i am a beginner in economics. ppl say there is this subprime crisis, excesses and defaults - what do theses terms mean?
thx in advance

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