Mortgages in example sentence
But I was shocked by how large a panic was produced by what seemed to me – and still does – relatively small losses (in terms of the size of the global economy) in subprime mortgages; by the weakness of risk controls at the major highly-leveraged banks; by how deep the decline in demand was; by how ineffective the market’s equilibrium-restoring forces have been at rebalancing labor-market supply and demand; and by how much core-country governments have been able to borrow to support demand without triggering any run-up in interest rates.
More example sentences with word mortgages
What they hadn't counted on was digitization, because that meant that all those paper receipts had been scanned in electronically, and it was very easy for somebody to just copy that entire database, put it on a disk, and then just saunter outside of Parliament, which they did, and then they shopped that disk to the highest bidder, which was the Daily Telegraph, and then, you all remember, there was weeks and weeks of revelations, everything from porn movies and bath plugs and new kitchens and mortgages that had never been paid off. 
