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Banks are more vulnerable to the housing market now than they were in 2007. Most people in the mainstream will scoff at that statement. They’ll tell you that the situation is very different today. After all, we don’t have a big problem in the subprime mortgage market. We’re not seeing a big spike in defaults. […]
The post Peter Schiff: Banks Have a Bigger Real Estate Problem Today Than They Did in 2007 first appeared on SchiffGold.