The roots of the subprime lending bubble … tion-fraud … s-mortgage

What happened to personal responsibility and choice in the land of the free. Whats even better is Edwardo(?), can jingle mail the keys, declare bankrupt, and be up and running again in twelve months. In Ireland its 12 years. Nobody whatsoever was forced to borrow, greed made them do it, ambtion maybe, but forced …NO

The sub-prime implosion also has it’s roots in the yen carry trade unwinding. That was a key source of funds.
Without the yen carry trade, this would never have reached the scale it did.

Yen Carry Trade and the Subprime Crisis -> … bprime.pdf

World Liquidity Crisis Emerging as the Yen Carry Trade Unravels ->

Mortgage Fraud - The Root of America’s Economic Malaise -> … ic-malaise