i invested in houses in the U.S. the most you can borrow on stock is 50%. loans on houses were given at 95% and even higher. that was the problem. not low rates. if the max was 80% the crash would never have happened.
Bennett, Deri expected to resign from Knesset, remain in cabinet under new 'Norwegian Law’ (Haaretz)
from the article: How the most exclusive club in the world destroyed the global economy