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US Fed and Treasury offer 800 billion to credit markets!
Nov 26, 2008 03:47
  • ZOEY
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  • Join Date: Nov 29, 2004
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In earlier time, US government had allocated 700 billion dollars to save the credit markets. However, the result is discouraging. Now, the Fed and Treasury cooperate together to offer 800 billion dollars to unfreeze the credit markets and ease the economic downturn.

What do you think of this plan? Is it possible that more money will be spent to combat the financial crisis?
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