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The Perils of Prosperity: The Story Behind the Economic Crisis

By Robert Samuelson - February 3, 2010

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WASHINGTON -- We need to get the story straight. Already, a crude consensus has formed over what caused the financial crisis. We were victimized by dishonest mortgage brokers, greedy bankers and inept regulators. Easy credit from the Federal Reserve probably made matters worse. True, debate continues over details. Fed Chairman Ben Bernanke recently gave a speech denying that it had loosened...

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Robert Samuelson

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