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Thursday, October 14, 2010

US real estate collapse

US real estate collapse


The recession is clearly not over, at least when it comes to the United States' inability to protect its citizens homes. Americans continue to lose their homes and foreclosures continue to rise, who is to blame for this crisis? Many people have said that the banks are to blame for fraudulently processing financial documents. George Hemminger the founder of Survive and Thrive TV believes the US Federal Reserve is to blame for this "Wall Street engineered collapse" because it injected too much liquidity into the market.


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