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Absolutely false. The subprime crisis was not caused by 'government mandated' lending to traditionally undeserved parts of the population. Anyone pushing that
by Marazan 8y ago
Absolutely false. The subprime crisis was not caused by 'government mandated' lending to traditionally undeserved parts of the population.
Anyone pushing that narrative is trying to pushing a implicitly racist 'reason' for the financial crisis: "it was all them loans to the black people that did it" .
- Someguywhatever 8y agoOk well I'm out to lunch then, I read that somewhere but can no longer remember where.