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Old 14-02-2011, 20:50   #13
chris9991
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Re: Top Ten Real Causes Of Banking Crisis

Of course the Goverment didn't actively discourage it; more house sales, more stamp duty

The way I looked at it, especially with housing, that it was just one big pyramid scheme, with the people on the higher levels getting money from the lower levels. Sooner or later it's going to collapse.
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