CV Spark ANOTHER Mortgage Crisis?

Discussion in 'Economics' started by kmiklas, Mar 25, 2020.

  1. kmiklas


    If peeps can't make their mortgage payments because of business closings, we'll have another rash of defaults and foreclosures. Eek.

    As it stands, the CV pandemic has been a combination of:

    - Health Crisis: AIDS/SARS/Polio
    - Financial volatility: 2008 Mortgage Crisis, 1987, Even 1929
    - Blackouts (social curfews) and perhaps business closings from WWII

    Fannie, Freddy, Ginny, Sallie, UMBS, and Winnie better watch out. Is AIG still in business? What company is now insuring these agencies?
    Last edited: Mar 25, 2020
    nooby_mcnoob likes this.
  2. As for me, he provoked a crisis in all areas