It is no secret that the financial system is definitely suffering on the losses of the sub-prime debts issued by various big international banks and other financial institutions. First we saw Bear Sterns getting rescued and lately mortgage giants Freddie Mac and Fannie Mae got the same treatment. After this move the US Federal Reserve […]

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The whole world is on about this thing, as it is obviously affecting us all in some way. Even all the way to Guatemala, where I’m currently at, the Sub prime crisis is having an effect. As many construction projects stopped, and many people lost their jobs, the many immigrants currently residing there don’t have […]

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