The book has lots of statistics that hint at why your narrative is misleading. Since you seem to prefer examples of individuals over statistics, I’ll point you to an Erdmann blog post about a responsible borrower who got misleadingly used as an example of someone who banks were recklessly lending to.
The book has lots of statistics that hint at why your narrative is misleading. Since you seem to prefer examples of individuals over statistics, I’ll point you to an Erdmann blog post about a responsible borrower who got misleadingly used as an example of someone who banks were recklessly lending to.