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submitted 4 years ago by [deleted] from i.redd.it
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[–]IndianaCrohns 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 4 years ago (1 child)
Top it off with the excessive easy money, and people will surely default on loans en masse, similarly to the housing crash of 2008. Several democrat candidates are calling for even easier policies for homebuying in the U.S. as well, so I must wonder if they intend to hold onto this economy through the election.
[–]JasonCarswell 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 4 years ago (0 children)
They're counting on it. All those defaults get bought up by the elites who will own it all.
They're too big too fail and we're too small to succeed.
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[–]IndianaCrohns 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (1 child)
[–]JasonCarswell 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (0 children)