It is startling to see how little anyone knows about the mess we are in. First they don’t understand how bad this is going to get. Second they don’t understand how it happened because they don’t understand the financial system. And third, they have no clue how to prevent this from happening again. They don’t […]

Tags: borrower, disclosure, insurers, lender, MasterCard, plausible deniability, rating agencies, Visa
Posted in bubble, Corruption, Eviction, securities fraud |