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Barry On
Michael Bordenaro
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Comments by "Barry On" (@barryon8706) on "Michael Bordenaro" channel.
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I have good credit, and they want to charge me to help create more defaults. Next step is when they step in and declare the banks too big to fail.
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The current regime has decided that a good credit score doesn't matter that much any more, in order to let riskier borrowers get loans.
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That makes sense. China isn't friendly to the U.S., and there's no reason to let them grab more power.
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@oberhartkids9319 Do you think it will be enough to make up for increased defaults?
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@oberhartkids9319 I hope their calculations were right.
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