Someone moderated you to zero. I think you make a fair point: poor people's debt... | Hacker News

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nailer on Nov 14, 2008 | parent | context | favorite | on: A Visual Guide to the Financial Crisis

Someone moderated you to zero. I think you make a fair point: poor people's debt is exactly what sub prime mortgage boom was about.

swombat on Nov 14, 2008 [–]

No, no, not poor people's debt.

Our debt.

Because:

* we own the debt now

* we're all gonna be poor anyway

:-)

nailer on Nov 14, 2008 | [–]

I'd say how the crisis started is more relevant to understanding the crisis than the way governments are attempting to fix it.

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