Perhaps the issue is that we're overly concerned with supply side economics. I think the issue may not be primary or secondary market lending capability, but rather, unwillingness among consumers to borrow regardless of available credit. It doesn't make sense to leverage if your income might disappear, after all.
Perhaps the issue is that we're overly concerned with supply side economics. I think the issue may not be primary or secondary market lending capability, but rather, unwillingness among consumers to borrow regardless of available credit. It doesn't make sense to leverage if your income might disappear, after all.
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