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The Era Of Cheap Money, The Lifeblood Of The Economy, is Over.
washingtonpost.com — Easy credit has been the economy's lifeblood in recent years. It gave people who previously couldn't afford homes a crack at the American dream. It fueled multibillion-dollar takeovers of some of corporate America's biggest names. It buoyed the stock market and propped up the prices of many other assets.
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