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Justin Ball

Category: mortgage

How Mortgages and Housing Hurt the Economy

Posted on March 20, 2008November 1, 2021

I had always assumed that the potential for default on risky mortgages was a problem, but I didn’t realize how far reaching it could become. Here is an article in the New York Times that explains how bad mortgages can have a dire effect on the global economy. In case you want more bad news…

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