Why a US-Style Mortgage Crisis Can Happen Anywhere.
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Industry and government organs in Canada, Australia, the UK, and other places with housing bubbles that are now deflating are trying to hide behind a false understanding of mortgage laws in the US and what happened during the US mortgage crisis. What happened in the US cannot happen here, they say … Read more