The Mudcat Café TM
Thread #102499   Message #2137544
Posted By: Riginslinger
31-Aug-07 - 07:14 AM
Thread Name: BS: Crash of U.S. Economy
Subject: RE: BS: Crash of U.S. Economy
This sub-prime mortgage thing, along with the process of bundling loans, is something that hasn't come up before. It seems like it's always that way. It's always something new and different that causes the economy to tank, so there's only so much that knowing history will help you.