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Mortgage Giants’ Collapse Could Herald 1930’s Style Depression

Posted: 7/14/2008 12:00:00 AM   Reads: 278   Submitted By:0x6a656666   Category: Conspiracy Theories   Source: www.infowars.com
Veteran London Times journalist William Rees-Mogg predicts that the collapse of U.S. mortgage giants Fannie Mae and Freddie Mac could herald a downturn into a 1930’s style depression that threatens to sweep away democratic governments.

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