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Jack Reed actually said...

the entire structure a 'doom loop' because it is a repeated cycle of boom, bust, bailout.

Context

Referring to the cyclical nature of financial crises and bailouts.

02/03/2010

https://www.congress.gov...

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View All Jack Reed Quotes

Jack Francis Reed
in office

usa, Rhode Island

3,124 Quotes

Born11/12/1949 (age 75)

PartyDemocratic

  • United States Senator

    1/7/1997 - present
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