cwnral banks - Comment - Israel News | Haaretz Daily Newspaper
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    • stan miller
    • 28.05.12 | 04:01 (IDT)

    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.

    from the article: How the most exclusive club in the world destroyed the global economy
    First published 15:54 24.05.12 | Last updated 15:54 24.05.12
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