HRE was hobbled by debts incurred by a German-Irish subsidiary, Depfa, which it bought in October 2007, after the international financial crisis emerged with the collapse of the US market for high-risk, or subprime, mortgages.
Depfa specialises in the financing of public works projects. (emphasis mine)
The Civil War: A Primary Source
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A ridiculous comment that caught me off-guard recently piqued my curiosity
about Civil War pseudohistory, a central tenet of which is that the South
rebell...
11 hours ago
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