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  1. Unlike when a firm is in danger, if the US government collapses there is no backstop; there is no one to bail out. Anatomy of a global credit crisis I 20 banking crises
    economictimes.indiatimes.com
  2. Beryl Harris, a former travel writer, lost her St. Augustine Beach home this year when the economy tanked and she couldn't afford the mortgage payment any more.
    staugustine.com


 





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