I've been reading about as much as I can stand about the mortgage crisis, and its effect on stocks, etc. and blah (all of which I find excessively tedious) and all the complexity and terminology seems to boil down to one very old-fashioned word: greed.
Now the unthinkable (or what greedy people just don't WANT to think about) has happened, and lots of people are running for cover. Shades of 1987, back to 1929, whenever.....all it actually proves is that there really IS nothing new under the sun.
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