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lovely...the crash is JUST starting to hit in Europe
Spain is next..IMO
I am not a "finance person" in the sense I understand everything about the secondary markets. But isn't there "truth in lending" or does that not apply to Subprime? You should know exactly what the terms are in black and white...if they are so high why would someone take them? Rhetorical question...but I think its because if you don't really understand "adjustable" then your screwed lol...
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It is what they want, after all: "a god to punish, not a man of their infirmity."
"When George W. Bush looked into the eyes of Vladimir Putin, he claimed he saw his soul, when John McCain looked into them he saw the letters K-G-B."
- Economist (on John McCain)
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