Doomsday coming in October for the subprime mortgage industry →
https://marco.org/2007/07/10/doomsday-coming-in-october-for-the-subprime-mortgage
Scary: “The chief economist for the Mortgage Banker’s Association estimates that about 600,000 of these homeowners will get into trouble, and about 300,000 of them will lose their homes.” Our massive consumer debt and the speculative real estate bubble are finally catching up to us.