> That's cute, but who the hell still gets an ARM? Well over a million people during the 2005-2006 frenzy - https://www.stlouisfed.org/publications/bridges/spr

> That's cute, but who the hell still gets an ARM? Well over a million people during the 2005-2006 frenzy - https://www.stlouisfed.org/publications/bridges/spring-2007/subprime-arms-popular-loans-poor-performance https://www.stlouisfed.org/publications/bridges/spring-2007/... > It's like going full stupid. Never go full stupid. It's more like a bunch of sophisticated bankers and lawyers used their Ivy League education to trick working class people into a financing agreement they couldn't understand or afford. Your version seems kind of rude to people who have better things to do than learn the intricacies of finance - that's why government (some of the time) is good - they regulate bankers so that regular people can just buy a house without worrying about elite mendacity taking away their home and savings.