Peter S Goodman Archive
NYT: Too big to fail?
CBs, China, Financial Times, Inflation, USA
Jul 21, 2008
[Skip to the end] Too Big to Fail? by Peter S Goodman Using public money to spare Fannie and Freddie would increase the public debt, which now exceeds $9.4 trillion. The United States has been financing itself by leaning heavily on foreigners, particularly China, Japan and the oil-rich nations of the Persian
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