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Europe’s debt crisis is a "more serious" situation than the housing bubble three years...

Europe’s debt crisis is a "more serious" situation than the housing bubble three years ago, General Motors (GM) CEO Dan Akerson tells the Detroit Economic Club. "The ’08 recession, which was a credit bubble that manifested itself through primarily the real estate market, that was a serious stress... This is much more serious."
Comments (2)
  • D_Virginia
    , contributor
    Comments (2280) | Send Message
     
    I don't think anyone affiliated with GM is qualified to assess the severity of a crisis.
    17 Nov 2011, 05:45 PM Reply Like
  • Gatesh
    , contributor
    Comments (25) | Send Message
     
    D

     

    Nice.
    17 Nov 2011, 09:36 PM Reply Like
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