According to the article titled A $1.6 trillion credit market could batter the global economy. And you
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Question:
According to the article titled "A $1.6 trillion credit market could batter the global economy. And you will take the hit if it implodes, not Wall Street" by Callum Burroughs answer the following questions:
Why was securitisation considered as one of the main causes at the heart of the global financial crisis in 2007?
From the point of view of regulators, say in the United States, what could be done? And what do you think will be done about it?
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