View Single Post
  #2  
Old 11-12-2007, 09:24 PM
Luxoris Luxoris is offline
Senior Member
 
Join Date: Jul 2007
Posts: 106
Default Re: What if 25% of homeowners mortgages defaulted in one year?

There would be a bail-out long before it could ever reach 25%. If it did, the Great Depression would look like a minor recession.
Reply With Quote