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Mankiw blamed the S&L debacle on excessive regulation and was one of the architects of the de-supervision that permitted the current crisis to occur.
The debacle on Wednesday was the worst moment yet.
Most voters chose to blame the debacle on the Republicans rather than on the president.
The recent Republican debacle on health care could prove to be an opportunity.
Ponting should not carry the can for the debacle on his own, though.
But REITs have hardly been impervious to the recent debacle on Wall Street.
The situation was compared with the west coast franchise debacle on Tuesday.
Yemen's ambassador blamed the debacle on lack of preparation and "some misunderstanding".
Multimedia: Elaine Kamarck, George Packer, and John Cassidy discuss the debt-ceiling debacle on the weekly Political Scene podcast.
The result was a French version of the British debacle on the first day of the Somme the previous July.
But what if the debacle on Wall Street leaves America fear-ridden, resentful and more stridently fundamentalist - whoever becomes president?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com