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Tuesday, April 30, 2013

And make mortgages "recourse loans" too while we are at it.

Read the text here. There is a balance between financial stability and home ownership. Really? Are you serious? It is this type of thinking that generates financial crises.

The Canadians don't have this type of confusion or play this stupid game of high-stakes Russian Roulette. Thus they have not gone through the same experience we have. Imagine that.

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