Credit Boom

Some articles on credit:

Subprime Crisis Background Information - The Subprime Mortgage Crisis in Context
2009 that subprime mortgage defaults triggered the broader global credit crisis, but were part of multiple credit bubble collapses "This crisis is not merely the result of ... The credit excesses that created this disaster were global ... countries to commercial real estate mortgages and loans, to credit cards, auto loans, and student loans ...

Famous quotes containing the words boom and/or credit:

    California is a place in which a boom mentality and a sense of Chekhovian loss meet in uneasy suspension; in which the mind is troubled by some buried but ineradicable suspicion that things had better work here, because here, beneath that immense bleached sky, is where we run out of continent.
    Joan Didion (b. 1935)

    In a secular age, an authentic miracle must purport to be a hoax, in order to gain credit in the world.
    Angela Carter (1940–1992)