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Posts: 157
It is not mortgages but subprime car loans that U.S. banks are repackaging now for foreign investors -- (link)
Posted by
Beaker (aka anniebecca)
Feb 2 '15, 05:37
(No message)
http://www.cbc.ca/news/world/republicans-gutting-dodd-frank-as-wall-st-goes-subprime-again-1.2938552
(www.cbc.ca)
Responses:
This is a terrible "analysis." Before 2005, home prices were widely assumed to rise. Car prices famously fall as soon as you drive it off the lot
-
con_carne
Feb 2, 05:56
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