Most of the world’s current economic problems could have been avoided if the people that mattered only paid attention to Proper material handling. The term subprime, by itself, refers to loans that are delinquently served. The financial markets all over did not practice diligent handling of those accounts and did not implement measures that could have stopped it from growing to uncontrollable levels. Had experts in this matters been listened to, a few years ago, the global economy would have continued enjoying steady growth. Ces’t la vie.
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