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Chapter 613 Times change
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Chapter 615 Notable features
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... sis this time is due to the fact that after five or six years of skyrocketing housing prices in the United States, prices generally stopped rising and then fell, and the housing price bubble burst. The bond market thunderstorm, which caused,
However, the deeper reason is that in order to pursue high profits, investment banks excessively use financial derivative products, that is, subprime bonds in the housing market, resulting in ineffective risk supervision and granting loans to many peo ...
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