Some folks bought more expensive homes then they could afford. They did so assuming that housing prices only go up. Why should the rest of us who didn’t take foolish risks and who live within our means bail them out? It’s called moral hazard.
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People lost their homes and some committed suicide, all because banks lent money without duty of care.The anger is here to stay especially as the banks are doing better than ever and continuing with their policy of manic greed.
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@DeepOnionx project is around 1 year old but has evolved soo much! Remember where#monero#dash were after one year? Nowhere! Buy$ONION now!#deeponionThanks. Twitter will use this to make your timeline better. UndoUndo
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And we the people?
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Assume this is your attempt to counter the attached article? The latter is more convincing.https://www.nytimes.com/2018/09/12/upshot/financial-crisis-recession-recovery.html …
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more and more shops are accepting
$ONION#crypto coin as a payment solution!@DeepOnionx#DeepOnionpic.twitter.com/Cm1xF66bYT
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Millennials would all be homeowners and the middle class in America would be the strongest ever if the government did not bail out the banks so they they would not have to liquidate the houses. This was not a bailout; it was just theft.
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