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Politics : Formerly About Advanced Micro Devices
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maceng2
To: Wharf Rat who wrote (1445602)3/10/2024 9:49:11 PM
From: Broken_Clock2 Recommendations  Read Replies (1) of 1573336
 
Then you would be wrong. Stick with healthcare.

Here's a primer...from a loan regulator, if that helps you.
"About 40% of the loans made in 2006 were liar’s loans. That means over one million fraudulent liar’s loans were made in 2006 alone. Liar’s loans grew massively (far more than 500%) between 2003 and mid-2007, while conventional loans fell sharply and subprime loans that were not also liar’s loans grew at a far slower pace and eventually declined. Liar’s loans were the toxic loans most responsible for hyper-inflating the U.S. home real estate bubble and driving the GFC."

thecon.tv

here is a follow up on TED

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