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World Economic Crisis-Oil,Mortgages,Credit,Costs & Inflation

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World banks lost 100's of billions, business& people suffer cost of oil,fuel,power & food. Worst economic recession since 1930's Great Economic Depression

Channel: News & Politics
Uploaded: May 13, 2008 at 9:54 am
Author: russellwyllie

Length: 10:00
Rating: 4.30
Views: 5070

Tags: America  bank  Bush  credit  depression  economy  fuel  inflation  Iraq  mortgage  oil  petro  power  recession  stock  trade  U.K.  war  

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Video Comments

akajinxlawl (September 26, 2008 at 4:43 am)
They knew this was going to happen?!?! Kind of reminds you of the game of monopoly. At the end of the game, there is only one winner.
garretgibson (July 31, 2008 at 6:32 am)
Im American and I admit most Americans are whiners, why didn't we switch to pub trans and hybrids after the first oil scare in 1970?!
KingAsmodeus (July 1, 2008 at 3:49 pm)
Perhaps now stupid overspending americans actually will consider using their cars less and also buying cars which are more efficient? Public transport also exist, why not use it? If the price is too high, use less! It's not really a challenge.
WizzoSchizo (June 5, 2008 at 3:15 pm)
Consider yourself lucky, in the UK, we are paying equivalent to $2.33 (Aus $) per litre.
jiminiflix (May 29, 2008 at 2:19 pm)
Even $4.30/ gallon is only $1.13 a litre. In Australia we are NOW paying $1.60/ litre. Feel for the rest of the world you ingoramous nation!
SpainLord (May 26, 2008 at 5:13 am)
can someone say we are screwed?

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