This is bad for lenders and delinquent borrowers, but I think the financial system as a whole is much more resilient than it was a decade ago, so we shouldn't h

This is bad for lenders and delinquent borrowers, but I think the financial system as a whole is much more resilient than it was a decade ago, so we shouldn't have to worry about something like Lehman-brothers dragging down the economy when it collapses.