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 : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Robin Plunder who wrote (15018)11/26/2008 3:46:53 PM
From: Don Earl5 Recommendations  Read Replies (1) | Respond to of 71484
 
Yeah. Joe Deadbeat figured it was easy money, and it was okay because the bank would get stuck with it. The bank figured it was easy money, and it was okay because the mortgage investors would get stuck with it. The mortgage investors figured it was easy money, and it was okay because the taxpayers would get stuck with it.

Anyone who isn't a Joe, a bank, or a mortgage investor, should be really, really pissed.