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| It was brutal . Families were destroyed, farms were lost and many took their own lives. I knew a banker that had a mental breakdown after foreclosing on so many.
Thing is almost no one saw it coming. Very few had time to prepare, granted some were way overleveraged to begin with, however there were few warning signs before it was too late.
Today , we have had ample warning. Proceed with caution. | |
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Race to the bottom.
