Fed's Moves May Let Air Out of Debt Bubble

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Fed's moves may let air out of debt bubble

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Fed's Moves May Let Air Out of Debt Bubble

By EDUARDO PORTER New York Times

Saturday, January 31, 2004

For many Americans, the past couple of years have been a prolonged borrowing spree. Families piled on debt to buy homes. They put new computers on credit cards. They bought cars on d...

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