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Maybe The Housing Market Wasn't The Problem

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Maybe The Housing Market Wasn't The Problem

Economy

Maybe The Housing Market Wasn't The Problem

Maybe The Housing Market Wasn't The Problem

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  • <iframe src="https://www.npr.org/player/embed/95251583/95251574" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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Most economists and experts blame the housing market for jump-starting the current financial crisis. But borrowing from foreign nations may be the real root of America's problems, says Business Week chief economist Michael Mandel. Mandel shares his theory with Alex Chadwick.