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U.S. Debt and Financial Crisis

BusinessWeek Chief Economist Michael Mandel on how the $3 trillion borrowed by the U.S. to finance its trade deficit has led to the financial crisis and what could be done about it.

Debate Room

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NAFTA: Time for a Trade-In?

The North American Free Trade Agreement has taken too many U.S. jobs away from the Rust Belt. Pro or con?

 

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Top Stories

The Credit Crunch Spreads to Business

If companies around the globe are unable to borrow, they'll begin to cut jobs, cease investment, and default on their debt in larger numbers

Dangerous Fakes

How counterfeit, defective computer components from China are getting into U.S. warplanes and ships

The Power 100

Meet the most influential people in the business of sports, plus The Global 25 and how to fix a football franchise

IN YOUR FACE: Beyond the Bailout

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Reader Paul Berndt Writes:

"I find it hard to trust the government with this decision—they didn't see it coming. What else might they not see coming?"

 

Featured Column

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Paul O'Neill: Blunt Talk About the Crisis

President Bush's first Treasury Secretary on the root causes, the Paulson plan, the House vote defeating it, and more