Originally Posted by
carl
I do too understand stuff. Honest. I understand the offsides rule in soccer/football and I understand why when the Kuwaiti team long ago tried to depend on that they ended up failures. So that is something.
The gov was watching what was going on. They were watching very closely to see that what they figured were enough of what the lending institutions had formerly figured were bad loans were being made to people who were poor credit risks. Then when those people couldn't pay, a predictable event, things fell apart.
Bookmarks