Creating the Wave

[Low interest rates and easy credit allowed many Americans to live beyond their means.]

SOURCES: U.S. Census Bureau, Bureau of Economic Analysis, U.S. Department of Commerce, U.S. Federal Reserve | - The Washington Post - October 15, 2008

This Story What Went Wrong Article \| A decade ago, long before the financial calamity now sweeping the world, the federal government's economic brain trust heard a clarion warning and declared in unison: You're wrong. Transcript: The Crash: Risk and Regulation Creating the Wave Riding the Crest and the Crash Special Report: The Crash		TOOLBOX E-Mail This Save/Share + Digg Facebook Reddit Twitter myspace SOURCES: U.S. Census Bureau, Bureau of Economic Analysis, U.S. Department of Commerce, U.S. Federal Reserve \| - The Washington Post - October 15, 2008 ¬es=" onclick="if ( typeof otto != 'undefined' ) { }" onmouseover="changebg2('delicious')" onmouseout="resetbg2('delicious')" target="new">del.icio.us SOURCES: U.S. Census Bureau, Bureau of Economic Analysis, U.S. Department of Commerce, U.S. Federal Reserve \| - The Washington Post - October 15, 2008 \'),\'newstrust\'+(new Date()).getMilliseconds(),\'dependent=no,scrollbars=yes,resizable=yes,alwaysRaised=yes,status=yes,directories=yes,location=yes,menubar=yes,toolbar=yes,width=430,height=750,modal=no\'));ntw.focus();'" onclick="if ( typeof otto != 'undefined' ) { }" onmouseover="changebg2('newstrust')" onmouseout="resetbg2('newstrust')">NewsTrust Stumble It! COMMENT 0 Comments Your browser's settings may be preventing you from commenting on and viewing comments about this item. See instructions for fixing the problem. Discussion Policy CLOSE Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Finally, we will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. Please review the full rules governing commentaries and discussions. You are fully responsible for the content that you post. Who's Blogging » Links to this graphic
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