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Here Comes The Next Crises: Mortgages to Default In Mass, "Biggest Wave Of Delinquencies In History"

Conscious Mind's
Conscious Mind's - 344 Bekeken
718
344 Bekeken
gepubliceerd op 05 Apr 2020 / In Film en Animatie

Unlike in the 2008 financial crisis when a glut of subprime debt, layered with trillions in CDOs and CDO squareds, sent home prices to stratospheric levels before everything crashed scarring an entire generation of homebuyers, this time the housing sector is facing a far more conventional problem: the sudden and unpredictable inability of mortgage borrowers to make their scheduled monthly payments as the entire economy grinds to a halt.

Learn More:
https://www.zerohedge.com/econ....omics/here-comes-nex

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