alt Hacker News> In 2008 the USA managed to export the shit assets generated by the mortgage boom, mostly to Europe
I didn't know about this. How did it work?
> In 2008 the USA managed to export the shit assets generated by the mortgage boom, mostly to Europe
I didn't know about this. How did it work?
I could explain it, but other people have done a better job.
http://www.esp.org/humor/subprime.pdf