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Subprime 2: the return of the killer mortgage

imageThe crisis has changed its coloursCarly-Jayne, CC BY

The subprime mortgage market brought the world to its knees, so what on earth are we doing inviting it back to the party?

It was the packaging and reselling of this low-rated debt from US home-owners that sparked the global financial crisis. But now there is increasing evidence that such products...

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