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and result in the whole world growing slower, higher unemployment
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and people being adversely affected.
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How financial markets work, how they're impacted,
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and what would have happened
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if these subprime mortgages wouldn't have been allowed to
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have been made from a regulatory point of view,
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and what would have happened if they were,
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instead of being rated AAA, they would have been rated single B.
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Hardly anybody would have bought them
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and that would have controlled the expansion
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and the risk to the financial system.
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Historians will look back on it and real people,