Inside Story - EU rescue plan - Oct 6 - Part 2
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GREAT POINT, either the assets are too small, or the debts are too large---write down the debts..that 500K home is only worth 200K. everyone with less than 100K in equity will (want to ) loose their home. and be able to buy it back later for much less.
Speculators have been the rich & greedy (with BIG loans) for far too long. let 'em go bust.
Ending poverty (for the many) is a much better investment, than vacation homes and fast cars for the few.
bajawind 3 years ago
USA Without greed? Have 2 c it before i believe it. USA(Under Bush) Without greed HAHAHAHA!!
heavyganger 3 years ago
oh shit. we are screwed.
jakob0815 3 years ago