Quote:
Originally Posted by PBzeer
The subprime market existed for one simple reason, politicians wanted more people owning homes. .
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You're certainly entiltled to your opinion, no matter how simplistic your view of things. I know what caused this mess. I've done my best in this thread to convey the root of the problem, the motivations, participants and the solution. The other posters in this thread have come a long way since their original denial of any problem at all.
I think that fella is right. The time for this thread has passed.
Market crash: are we there yet ?
Yes