sub prime didnt prick the buble, page-2

  1. 2,923 Posts.
    lightbulb Created with Sketch. 32
    As usual charts tell you nothing unless you have your feet on the ground.

    Fact - loans were made to each Tom Dick and Harry by every Tom Dick and Harry Broker who were making a squillions. Honeymoon periods were offered and when they could not afford the selling/forced selling/repos began. Even the ABC predicted these loans would lead to the debacle.

    Time you got away from your charts and researched the reality. Having been there/seen it for myself you are quite clearly mistaken and out of touch with reality.

    Never have I seen someone get it so terribly wrong.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.