Friday, September 18, 2009

I'm pretty sure its a rule somewhere....

....Anytime you read an article which includes in it's title the words "Tsunami", "Aggressively", "Irresponsible" and "Loans", its not good news.

The Consumerist...
Newsflash: The Next Tsunami Of Aggressively Irresponsible Loans Didn't Magically Disappear

Also, see this really scary chart of our upcoming second wave of mortgage based problems.

Its going to a long time before we're out of this.

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