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The economy is going to get very bad and it won't even get turned around for a couple more years. As Buffet, the rich one, said "The recession will be far wors
by Enlightenment 18y ago
The economy is going to get very bad and it won't even get turned around for a couple more years.
As Buffet, the rich one, said "The recession will be far worse than eveyone expects".
Thank everyone that you know that took out one of those Liar Loans to help cause this mess!
- dhs 18y agoWell, there were banks which developed, offered, and sold the financial products you now call "Liar Loans". And those banks did so in plain sight of governmental institutions supposed to do checks and balances. The whole system obviously didn't work as intended, so I doubt that blaming the customers will help much in learning from the mistakes that were made.