Matt Taibbi Quotes

The Amount Of New Lending Was Mind-boggling: Between 2003 And 2005, Outstanding Mortgage Debt In America Grew By $3.7 Trillion, Which Was Roughly Equal To The Entire Value Of All American Real Estate In The Year 1990 ($3.8 Trillion). In Other Words, Americans In Just Two Years Had Borrowed The Equivalent Of Two Hundred Years' Worth Of Savings.

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