At least in 2008 they could foreclose on something
Amy Nixon @texasrunnerDFW · How about that strong retail sales data
Amy Nixon @texasrunnerDFW
A lot of this debt isnt even reported to credit agencies, nor being recorded in any consumer credit data we are seeing
Amy Nixon @texasrunnerDFW
I mean, what are they going to do?
Repossess the empty bag of Doritos you ate months ago?
As far as subprime loans go, these are the worst possible imaginable ones for banks. Whats the collateral?
At least in 2008 they could foreclose on something
Poster Comment:
She is called Texas runner because she runs marathons.