Upside Down Mortgage

Posts Tagged ‘subprime blogger’

Subprime Blog

Question: dow is down, subprime=worse, natl debt=8 tril+, trade def=large. should we worry? or is this just a bus cycle?

check brad setser blog for more.

Answer: U can worry all you want, but it'll just make u sick after getting confused by all the economic mumbo jumbo.

Best thing to do is just be frugal about your own consumption and credit dealings. Everyone else may be irresponsible (be it individual's or the government's spending), but u don't have to be.

Foreclosures, Subprime Mortgages & America's New Tent Cities

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