Learned something interesting and freaky.

Part one: S& L bust of the 1980's. Only about 12% was due to fraud. The real kicker was because in the 60's & 70's people got mortgages at fixed, low interest rates. During a period of steep inflation banks began paying out far more than they earned. The result was collapse. So, they created adjustable rates to cushion themselves from a repeat. (learned this part from Dave Ramsey.)

Part two: In 1992 the UN created ...