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Tim Pearson
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Old 05-16-2010, 06:32 PM
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Default The Mortgage Professor: Five inescapable truths about financial disasters

Since financial disasters are entirely man-made, in principle they should be easier for governments to deal with than natural disasters, which cannot be controlled, right? Actually, I don't think so. Financial disasters are less predictable than natural disasters. Those who expose the financial system to major risks can often shift their own risks to others. The depth and breadth of a financial ...
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