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Commentaries — December 21, 2007

What Is The Real Cause Of The Credit Crisis? The credit crisis is the result of a nationwide decline in home prices. This, not the price of CDOs and other derivative securities, is what needs to end for the current crisis to end.

Open What Is The Real Cause Of The Credit Crisis?
The credit crisis is the result of a nationwide decline in home prices. This, not the price of CDOs and other derivative securities, is what needs to end for the current crisis to end.