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Underwater mortgages strain lives, economy…

…this is an argument I was making a couple of years ago, when the market went south and the banks started screwing with people. There are going to be significant long-term ramifications of this bubble bursting. This is only the start. On another note, it’s been…interesting as well as extremely aggravating…to see the mood shift gradually from “how dare you consider short selling you bum” to “well, you know, holding on just hurts the economy.”

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