Barmak Nassirian
![Barmak Nassirian](/assets/img/authors/unknown.jpg)
Barmak Nassirian
five hike percent problem rate represents
Five years ago, 6.8 percent sounded pretty good. The problem is it represents a significant rate hike today.
extended federal government outrageous private
In American history, this is the most outrageous giveaway ever extended by the federal government to private lenders.
awakening bad function might occurred realize rude serves
It serves as a rude awakening when they show up and they realize 'Boy, it never occurred to me this might not be the right place.' ... In my mind, that is the function of really bad counseling.
built fly land seat trying
This will be like trying to land a 747 on an airstrip built for a single-engine plane. And we're all going to have to fly in by the seat of our pants.