badgenome on 03 April 2013
| theprof00 said: It wasn't the central banks that fucked us, it was ARM companies. Now that those are regulated giving out loans is preferable to what banks are doing now which is not loaning and just investing. Housing drives the economy. Without homes, people don't buy things like fertilizer, enetertainment systems and big home theater systems, garage door openers, alarm and security, appliances. |
Um... this was the exact reasoning behind doing this the first time around, along with the "social justice" aspect of it. We know exactly how this story ends.
