Re:The seeds of the next housing crisis have been planted
by cubano on Monday May 09, 2016 @08:39PM
(#11664434)
And why wouldn't this happen again?
All the people and corporations whom profited dearly from the 2007 scam got off completely scot-free and were made then whole on the backs of the US taxpayers (actually, their grand or great-grandkids, because the money used to pay the bills was borrowed and added to the $20tril debt)
They fully expect to be bailed out again, so again I ask...with big money to be had and almost zero risk to the players, why would anyone think its not happening again?
All the people and corporations whom profited dearly from the 2007 scam got off completely scot-free and were made then whole on the backs of the US taxpayers (actually, their grand or great-grandkids, because the money used to pay the bills was borrowed and added to the $20tril debt)
They fully expect to be bailed out again, so again I ask...with big money to be had and almost zero risk to the players, why would anyone think its not happening again?