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Politics : American Presidential Politics and foreign affairs
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To: TimF who wrote (40122)1/1/2010 5:53:54 AM
From: DuckTapeSunroof  Read Replies (1) of 71588
 
Re: "15% or less isn't true."

Yes, I'm fairly certain that it IS TRUE.

Re: "Problematic mortgages where not 15% of the problem, but the majority"

They do NOT amount to anything like the 'majority' of the global financial bubble/collapse/crisis/panic... CERTAINLY nothing even APPROACHING a 'majority' of the LOSS IN WEALTH!

Re: "Again the issue I am talking about IS NOT sub-prime. I'm talking about problematic mortgages not sub prime."

There! You see, that's the problem with this discussion we are trying to have! I am trying to talk about the TOTALITY of the financial collapse, the TOTALITY of the lost wealth... whereas you are talking about just a smallish sub-set of the crisis and a small sub-set of the structural problems that created it.

Two very different conversations!
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