I'd be kidding if I said that I predicted the financial collapse.
In order to benefit; however, you must believe that life is plotting for you. We often resist this emerging impulse or this urge to emerge because we are afraid of change, right? To the ego, change is equivalent to danger or death. But when we deny this evolutionary call, it causes an inner pressure that must find an outlet, sometimes in destructive ways. And this can break out as disease, financial collapse, or relationship meltdown.
No one, no social group, can today avoid the commitment to contribute to the clean up of public finances in order to prevent the financial collapse of Italy. The sacrifices will not be in vain, especially if the economy begins to grow again
We're on the verge of a financial collapse unless we balance the budget, and that means some really, really tough decisions.
The financial collapse of 2008 got its start with predatory mortgages, that weren’t sold by community banks and credit unions, they were sold by fly by night mortgage brokers who had almost zero federal oversight and then the big banks looked over, saw the profit potential and they wanted it bad. So they jumped in and sold millions of these terrible mortgages while the bank regulators just looked the other way.
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