The US sub-prime mortgage crisis has lead to plunging property prices, a slowdown in the US economy, and billions in losses by banks. It stems from a fundamental change in the way mortgages are funded.
A good breakdown of what went wrong with the subprime lending market.
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Fight on my merry men
I am wounded but not slain
I'll lay me down and bleed awhile
And then I'll rise and fight again.
- Scottish ballad
The time will never be ‘just right’.
Start where you stand, work with whatever tools you may have at your command,
and better tools will be found as you go along.
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Fight on my merry men
I am wounded but not slain
I'll lay me down and bleed awhile
And then I'll rise and fight again.
- Scottish ballad