Triple Lutz Report #222 – The Worse Your Credit, The More Uncle Sam Loves You

from FinancialSurvivalNet

If you’ve got bad credit, have been foreclosed or gone bankrupt, Uncle Sam has a loan for you. Just go to college and Uncle Sam will loan you hundreds of thousands towards a potentially useless degree. Or if your foreclosure took place three years there’s a house and a mortgage just waiting for you to apply. Credit is no longer given to clean borrowers with good collateral. The incentives favor reckless lending and borrowing and mal-investment and mis-allocation of investment.

Click Here to Listen to the Audio

Sign up (on the right side) for the instant free Financial Survival Toolkit and free weekly newsletter.