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Sgt. Baker
Guest
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B
BoomBoomBoy
Guest
Oh great, anrabroad
her Czar.
her Czar.
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V!
Guest
It was speculation that led to loose credit requirements and ridiculous leverage.
Consumers were also speculating by flipping properties and heloc's
Consumers were also speculating by flipping properties and heloc's
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aaronman
Guest
Speculators are the scapegoat for failed central planning. When the economy is littered with mandates and moral hazards, how can you blame the players?
How did speculation impact credit requirements? I'd pin the blame on the central bank for setting rates and providing an unlimited safety net, and the politicians that forced lending to anyone that wanted to own a home.
How did speculation impact credit requirements? I'd pin the blame on the central bank for setting rates and providing an unlimited safety net, and the politicians that forced lending to anyone that wanted to own a home.
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George
Guest
Cliffs?
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V!
Guest
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