Originally Posted By Gambalunga
If I lend money to a neighbour who I know can not repay then shame on me


Part of the whole scenario is the other way about though Peter, if I borrow money that I cannot repay, I am also at fault.
People got greedy, buying houses (and other items) they could little afford if interest rates rose. Interest rates rose... Market stuffed...



Graham (G4FUJ)

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