“Bill Nye is as much a scientist as I am. He’s a kids’ show actor. He’s not a scientist.”
Dr. Sarah Palin, M.Sc., Ph.D., Dum.Ass, at a climate skeptics wingnut welfare gig.0 comments)
Spain, like the U.S., is going through a huge real estate bust.
But only around 3.5 percent of Spaniards with mortgages stopped making payments last year. In the U.S., the rate was above 9 percent.
What’s true for Spain is true for most of Europe: Homeowners are much more likely than Americans to keep paying their mortgage, even when the economy falls apart.
Read on for why.