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Fleming on finance

Will we all drown in a sea of US debt?

By Stewart Fleming
17.07.2008 / 00:00 CET
The US housing-loans crisis is going from bad to worse – and could engulf the global economy.

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Picture 1
CRISIS AHOY? Henry Paulson, the US treasurysecretary, announced a massive bail-out for Fannie Mae and Freddie Mac. REUTERS
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