Global Financial Security
Good job looking back at the reason for the recession nearly 10 years ago. The banks are given credit for the lion share of the collapse in the markets and home ownership. But you need to go back further and study why the banks were in that spot. Home ownership became an entitlement during the Bush and Clinton era. Home ownership was an American right. Banks were loaning 110% more or less over appraisals. The feds supported it. Home ownership is and must be a privilege that is earned over time being a good steward of financial resources.
denny vdm via Apple Podcasts · United States of America · 08/30/18
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