How to grow your wealth during the coming collapse?

(Martin Jones) #1
THIRTY-FIVE FREQUENTLY ASKED QUESTIONS ANSWERED 265

mortgages outstanding before the last crisis, in 2007.
Not all of these loans will default, but even a 10% default
rate would result in over $1 trillion of losses for investors, not
counting any derivative side bets on the same debt. This debt
will not default right away and not all at once, but look for a tsu-
nami of bad debts beginning in late 2015 and into early 2016.

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