4 ms·
> (assuming a US-style 30 year mortgage) this is a highly biased assumption (historically speaking) and we should be hard reversing the trend of longer and gr
by cagenut 8y ago
> (assuming a US-style 30 year mortgage)
this is a highly biased assumption (historically speaking) and we should be hard reversing the trend of longer and greater indebtedness not blindly normalizing it.
- cryptonector 8y agoThe U.S. economy's financialization has mostly only gone up since the 20s, with occasional crises like the Great Depression and Great Recession. How would one reverse a century-long process like this?