Arraya,
“Bat shit Insane”
Websters dictionary:
Seeking getting out of debt by incurring more debt…..
True definition….look it up.
I am lying of course but another definition could be:
Listening for a solution from the same Fed chairman today, who told us in July of 2008 that we were not in a recession.
Or the very same Chairman who said that Fannie and Freddie would be “just fine”
Or listening to his predecessor who actually wrote papers endorsing the notion that real estate values in the US had little to no down side.
Not listening to people who got it right is truly “BAT SHIT INSANE”.
That is everyone else definition……