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Ink Pen by Phil Dunlap for November 05, 2022
Transcript:
Man: Help!! My home is in danger! Captain Victorious: What is it? Wildfires? Landslide? Earthquake? Man: No, the bank is gonna foreclose on me 'cause they gave me a mortgage even though it was obvious I couldn't pay it back! ... y'know, when you say it all at once like that, it sounds almost avoidable...
Who’s dumber, the guy applying for a loan he can’t afford, or the bank for giving it to him? (And, of course, because he was a high risk borrower the bank charged him a higher interest rate to insure he’d fail.)