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Topic: Miscellaneous
Number of pages / Number of words: 2 / 497
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In my pessimistic point of view, taking into account the huge debt of the current war and the housing market, it may rival the great depression. On the other hand, an optimistic view on this is just like any economic history cycle in the U.S, there would be time for grow and decline, and it just happens that we’re in the decline stage...


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Once the U.S pulls out of Iraq and let the housing prices decline to normal level, everything will be fine.


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General points of the essay

Countrywide & Subprime Lending Crisis Crisis Subprime Is the U.S. Current Account Sustainable Subprime Crisis Subprime Mortgage Industry Collapse Subprime Mortgage Similarities And Differences Of The Great Depression As Compared To Today's Financial Crisis Current Account subprime mortgage crisis Taking a Good Look in Point of View in "A Good Man is Hard to Find" US Current Account Analysis Current Housing Market In Todays Economy Mortgage Crisis My huge mistake: West Point The Mortgage Crisis

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