Poland and Polish Discussion Group and Forum

Welcome to the original English language Poland and Polish discussion group board. This message forum is a place where English-speaking Poles, foreigners (expats) living in Poland, and anyone with a genuine interest in Poland can discuss and read the views of others concerning Poland. Subjects include: Polish news and current affairs; Life in Poland; politics; genealogy research; Polish culture and history; advice and tips on visiting Poland; Polish property and investment issues. The aim of our group is to increase awareness of wonderful Poland using the English language and allow and foster the honest debate and exchange of opinions on anything vaguely related to Poland and Polish - positive, negative and/or neutral! To state the obvious: all opinions and views expressed on this site are solely those of their respective authors and are not necessarily those of anyone else! Messages consisting of ads will be deleted.

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Poland and Polish Discussion Group and Forum
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Re: A Second Mortgage Disaster On The Horizon?

Last thing – arm loans had always been a financing tool used by businesses. They were never intended to be used for consumer/consumption credit. Just like bank “overnight” loans.

They should be illegal with regards to residential real estate financing.

Re: A Second Mortgage Disaster On The Horizon?

The govt dominated rail "industry" in the UK has brought an order for new trains forward due to the credit crunch - oops, it forgot that due to its inability to order new and needed trains years ago no-one in the land of George Stephenson actually makes trains anymore ... d'oh!