[AT] OT stamping press pits

[James Peck]

In 2008 it was unqualified mortgage buyers defaulting and bringing down the mortgage backed securities.

https://en.wikipedia.org/wiki/Causes_of_the_Great_Recession

https://www.marketwatch.com/story/this-home-mortgage-disaster-is-ready-to-punish-housing-markets-2019-11-19?mod=home-page


Cecil Bearden AT list member, Oklahoma farmer, and Professional Engineer (crbearden at copper.net); Just my $0.02, but this housing bubble is going to burst and soon ( relative word ).  I am going to be like my old Daddy and hold on tight to my money...