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ya know, i've read the bible (old testament since i'm a jew) and it was a while ago.

i can't recall exactly HOW the jews became slaves in egypt just that at one point they were.

could you refresh my memory and then clearly state your point about how this relates to the "larger" problem of which subprime defaults are a "symptom"?

thanks,
Barron

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in a word, debt. debt at all levels is at a record high. americans have been financing their standard of living by borrowing and by the dollar being the world reserve currency, both of which are going to come to an end.

also the information I've seen is that the US has been in a recession (negative real growth) for the past year.