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How the Federal Government Created the Subprime Mortgage Crisis
The result of the government’s expansion into the subprime mortgage market was that by the time of the financial crisis, more than half of all mortgages in the United States were subprime or otherwise low-quality mortgages.
Midwest and Resource-Rich States Vulnerable to Canada, Mexico, China Tariffs
Fitch Ratings-New York-05 December 2024: Midwestern U.S. states’ economies could be particularly vulnerable to imposition of blanket tariffs on Canada,
Tesla sold almost 60% fewer cars in Germany in January than in the year-earlier period, as the U.S. electric vehicle maker faces a test of popularity amid headline-grabbing political involvement by its billionaire CEO Elon Musk.
Recommended Readings on Free Trade Versus Protectionism: Everything You Need to Know About Open Markets, Comparative Advantage, and Globalization | Williamson M. Evers
Contents
Introduction
Recommended Readings
Introduction
Economists, going back to Adam Smith and David Ricardo, are virtually unanimous that free trade benefits consumers and the overall economy. B