Irresponsible lending and borrowing
October 16, 2008 – 9:06 am by JohnI liked this post by Less Antman and the comments following it, explaining some of the basics of the housing market crisis and its role in the current recession. It is short and simple, but I appreciate that type of post or article in my efforts to learn more about money and banking, which, along with work, softball, and “Firefly,” are taking away a lot of my time from writing.
In another recent post, Less linked to this fantasy testimony to Congress by Arnold Kling, which I am going to read and ponder again very thoroughly, as soon as I have time.
