Why America is Entering the Housing Crisis 2.0! Subprime, Massive Fraud, HAPPENING AGAIN!

We are here in 2018, entering the housing crisis 2.0. It’s not much different than what we saw unveiled in 2007. We still have people severely overleveraged. We still have subprime mortgages. Wew still have derivatives. And we still have government agencies looking the other way when companies are giving loans to people they know can’t pay back. Oh well, grab a chair and watch the fireworks.

http://www.jchs.harvard.edu/sites/default/files/Harvard_JCHS_State_of_the_Nations_Housing_2018.pdf