Monday, July 14, 2008

Mortgage Giants' Collapse Could Herald 1930's Style Depression

William Rees-Mogg says economic tsunami could sweep away democratic form of government
 
Paul Joseph Watson
Prison Planet
Monday, July 14, 2008
 
Veteran London Times journalist William Rees-Mogg predicts that the collapse of U.S. mortgage giants Fannie Mae and Freddie Mac could herald a downturn into a 1930's style depression that threatens to sweep away democratic governments.
 

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