SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: mishedlo who wrote (71634)11/24/2007 8:08:00 PM
From: Incitatus  Read Replies (1) of 116555
 
Well, it says most borrowers, not most counseling agencies.

Let's say there that there are 80 agencies. They only contact 33 tiny agencies. These 33 have only 1% of the borrowers in the state; the other 47 agencies are counseling 99% of the borrowers. Within the pool of those 33 agencies surveyed, Big Little Agency has 51% of the borrowers as clients and it recommends foreclosure. The other 32 recommend debt slavery. Their survey will show that 51% of borrowers are being advised foreclosure. (However, if the 47 largest are recommending debt slavery, then only 0.5% are truly recommending foreclosure.)

It's kind of like asking by how much can you lose the popular vote and still win the electoral college. If each of the small states has only one person show up to vote and votes for you, and every big state has 100% turnout and they all vote against you, you could win with nearly 100% voting against you. That would never happen in real life, but it's possible in theory.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News