Simon Lucy on Nostr: nprofile1q…s60lz I think that's right, but junk bonds etc and then we had self ...
nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpqg0tuf634rz4suczwj7kgnecr6cyt0eu9xmp3sp0fku68mqehq4msas60lz (nprofile…60lz)
I think that's right, but junk bonds etc and then we had self assessed income statements and characters out of Dickens convincing those on benefits to just sign here Dearie and your house is safe.
This is really a guess but I believe that the majority of mortgages written in the UK alone over the 3 years before the Banking crash were junk, and knowingly so.
As for asset values, requisitioning all empty buildings by age of emptiness would help. Oh & revising Council tax bands.
I think that's right, but junk bonds etc and then we had self assessed income statements and characters out of Dickens convincing those on benefits to just sign here Dearie and your house is safe.
This is really a guess but I believe that the majority of mortgages written in the UK alone over the 3 years before the Banking crash were junk, and knowingly so.
As for asset values, requisitioning all empty buildings by age of emptiness would help. Oh & revising Council tax bands.