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Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
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It's Happening
Bad lending practices are finally pulling down equity markets. I wouldn't be surprised if this causes a recession.
With the Dems in charge, I would expect lots of investigations and "big business" getting the blame. Ironically, the only effective solution would be to severly curtail lending to "high risk" borrowers--the exact people the Dems usually try to secure handouts for.
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Some Porsches long ago...then a wankle...
5 liters of VVT fury now
-Chris
"There is freedom in risk, just as there is oppression in security."
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