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Loan Modification
: Mortgage Lender Implode-o-MeterYou got me? So who's got you?
By Implode-Explode Heavy Industries
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"In the original Superman film, the hero rescues Lois Lane as she falls from a skyscraper. ?Don?t worry, ma?am, I got you,? he says, midair.
?You got me? Who?s got you?? she replies.
This is the question that no one is asking now. If China is lending to us, who is lending to China? If the governments are saving the banks, then who will save the governments? If the European Union is offering a safety net, who would be there to bail out the EU?
There are other questions not being asked: which country, in recent economic history, has successfully borrowed its way out of a debt crisis?"
Full post as published by Mortgage Lender Implode-o-Meter on January 05, 2011 (boomark / email).
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