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The crisis was caused by lying about the kind of risk hidden in collateralized bundles of debt. That doesn't seem to be an issue this time. It's just about the
by sp332 7y ago
The crisis was caused by lying about the kind of risk hidden in collateralized bundles of debt. That doesn't seem to be an issue this time. It's just about the inherent dangers of lots of people moving in to homes they can't afford to pay for.