http://www.crikey.com.au/2008/02/25/looking-at-the-subprime-crisis-with-rose-coloured-glasses/ now with extra source Sun, 12 Feb 2012 10:13:47 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.crikey.com.au/2008/02/25/looking-at-the-subprime-crisis-with-rose-coloured-glasses/#comment-24830 Tony Pereira Thu, 01 Jan 1970 10:00:00 +0000 #comment-24830 The bears are certainly out with vengence, now suggesting good news is a distraction from the 'main game'. Only 6 m of US's 128 m homes are financed by sub loans to low income earners,16% of loans, 14.4% in default.Housing is 4.5% of US GDP. Exports 12.1% The bears are certainly out with vengence, now suggesting good news is a distraction from the ‘main game’. Only 6 m of US’s 128 m homes are financed by sub loans to low income earners,16% of loans, 14.4% in default.Housing is 4.5% of US GDP. Exports 12.1%

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