Synopsis: From 2000 to 2006 the world’s monetary reserve doubled from about 36 trillion to 72 trillion. This was due to third world countries like China, India and Saudi Arabia benefiting from globalization.

The manager’s of that money always are in need of a safe investment. However, at about the same time Alan Greenspan destroyed their favorite investment, government bonds, by deciding to keep the interest rate at %1.

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Tags: mortgage crisis, npr, tal, this american life

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