Later On

A blog written for those whose interests more or less match mine.

Fascinating look at what’s wrong in the world of finance

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It’s in very bad shape indeed—a fact that’s obvious when banks foreclose on homes whose mortgages have already been paid. Here’s how things got so very bad—and how they can get worse. Hernando de Soto has a lot of experience in working out the roots of the financial difficulties of the third world, so he immediately recognizes when the same problems crop up in the developed nations. Well worth reading.

Written by LeisureGuy

30 April 2011 at 4:39 pm

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