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Financial tsunami swamps the world
September 17, 2008
The flagbearer of capitalism, the United States, is now displaying extreme socialism by bailing out some of its major financial institutions, like AIG, Freddie Mac and Fannie Mae. A sign of things to come?
Image: US Treasury Secretary Henry Paulson talks to members of the news media about the ongoing crisis rocking Wall Street at the White House in Washington, DC. | Photograph: Chip Somodevilla/Getty Images
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