Bad Loans – The Second Wave Cometh

While so much emphasis has been stressed on the bad mortgages and home-loans, another wave of bad loans is coming. Before I elaborate, let me quickly summarize. There was excess liquidity in the market, money was made available to almost anyone, people started getting 2nd and 3rd mortgages (when they really could not afford more …

Bad Loans – The Second Wave Cometh Read More »