Telegraph: Federal Reserve rescue has failed

According to the Telegraph, housing prices are in a free fall, and the credit markets have frozen up. Even the most credit-worthy institutions are paying ridiculous interest rates.

Author: benfell

David Benfell holds a Ph.D. in Human Science from Saybrook University. He earned a M.A. in Speech Communication from CSU East Bay in 2009 and has studied at California Institute of Integral Studies. He is an anarchist, a vegetarian ecofeminist, a naturist, and a Taoist.

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