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US Economy in Crisis
New York, New York.March 17, 2008 ..On the floor of the New York Stock Exchange as markets continue to swing at 100+ points a day up or down. The mortgage crisis is being played out on Wall Street investors and world's financial markets...On this day the Federal Reserve lowered the interest rates by 3/4s of a point to help support the failing economy. The previous day the Federal Reserve bailed out a major US bank - Bear Stearns with a $30 billion investment along side JP Morgan..
