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Tuesday, March 27, 2007

On everyone’s mind

about this latest market shock.

Just how bad is the falloff in the subprime lending market?
Will conditions in the subprime mortgage market hurt national
economic output?
In recent years, home equity spending has been a major strength of the economy.
Are subprime defaults expected to change this?
Which areas of the economy could be hurt by the reduction in home
equity money?
Will this surge in subprime defaults have repercussions in any
particular region of the country?

How bad is going to be?

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