processed at the same time, the banks would become solvent sniet was never about the homeowners. it was always about the blaps sheet of the bank. and i want to make sure we don t make the same mistake. it wasn t so much about the housing bubble but, yes, the housing market but the housing market as in my home being used as a casino chip. i think we need to be slr clear that what caused the banks to do a run on the banks was their derivative trading of these things that were tethered to mortgageages but it wasn t about people being put into homes. i think what s an on stamle is the household balance sheet. the bank balance sheets are fine. that s not the thing that s an obstacle to recover y.