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Subprime crisis

An explanation

As many of you know there is lots of news out about sub prime loans and the issues they are causing for the consumer, the economy, and in the financial markets in general. While I have seen a lot of coverage of recent events with subprime I have not found through my research many good resources for leaning about how exactly this all happened. So in this three lesson series we are going to examine exactly how all this came about by looking at things from the borrowers side of the equation in this lesson, and then the lenders side of the equation in subprime explained lesson 2. Then we are going to tie everything together in the sub prime crisis explained lesson 3 by bringing our newfound u[...]

Feed : informedtrades.com |  Updated : 2008-08-20 18:20:02
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LouisK

Wednesday 20 August 2008 At 18:20

Is he right? The problem is that economists always understand things too late, when the crisis is already over.
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