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Irish Bank Bailout Costs American Taxpayers
The scenario has a familiar ring. A country goes on a credit binge. Borrowers in large numbers receive approval for home mortgages and other loans that they can't afford to repay. A sharp upswing in...
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Iceland Recovers from Bank Meltdown without European Union Bailout
The European Union (EU) is now in a full-scale panic over how to arrange financial bailouts for its least capable members. Yet few officials within the 27-nation federation have pondered the...
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