It Doesn't Add Up

Some folks seem to think the global economy has come crashing down because some minority homeowners in the United States have been unable to keep up with their mortgage payments.

I submit the above graph from http://www.fanniemaefoundation.org/programs/hpd/pdf/hpd_1503_Lax.pdf for your perusal.

I hope you will refer to it when you encounter these nice folks.