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On Urchins And Subprime Blues. 
This blog surely does have have a takeaway...at least for me...for i was looking for an easy explanation to the latest US economy disaster (well...disaster is a heavy word !)..
But something still perplexes me...and that's...that why the hell were the "poor-credit" borrowers given loans in the first place...i know its a dumb question....but a doubt is a doubt :-)
Anywyaz...the piece of information posted by you is definitely worth a read!!

November 19, 2007 at 3:54 PM 
Hi whoever-you-are thanx! for your pretty remarks on the post :)

Hmm the poor credit borrowers are given loans for larger pie of cake (i.e. higher interest rates), with a clinging hope that defamed borrowers wont default again... for the rest ask an economics geek :)

+Keep Coming...with your name :)

November 19, 2007 at 9:49 PM 
Ohhk got it...thanks for the explanation...n i guess that's enough for me...so no need for consulting an economics geek...else it might be too heavy a dose...to digest :-)
Oh sure... i shall keep frequenting this place...but "coming with name" thing is a big no-no...coz somehow i have this inherent notion that "the net" is a dangerous place and one should be in a state of total anonymity when on web :-) i know i m sounding weird and funny :-) but anywayz...

November 20, 2007 at 4:41 PM 
He he interesting sure u may choose to be anonymous your choice...but tell you what one shudn't be so cynical towards "the net". I believe its more about exposing oneself to randomness and different identities/thoughts and forming new connections and bonds, you never know when one can be of help to you...or you prove to be helpful to others :) Hope you get my point.

November 22, 2007 at 7:24 PM VisuaL DNA
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