Good ideas and conversation. No ads, no tracking. Login or Take a Tour!
kleinbl00 · 2035 days ago · link · · parent · post: Wealth inequality in America: A Race between the Stock and the Housing Market
I mean this: ...is a direct consequence of this: If you had your money in equities that were profiting off of bad mortgages, you ended up getting protected by TARP, QE and QE2. If you had your money in a bad mortgage, your credit rating is now shit, you lost every dime you put into your mortgage and you're now a forever renter. And if you were a color other than white, well...
