Subprime mortgages affect our brains
FMRI research shows that long-term decision-making takes place in a different part of the brain from short-term decisions -- so when you offer someone a cheap two-year mortgage followed by 28 years of scorchingly high interest rates, the short-term side jumps in and overrides the sober long-term mind.Read the whole article. (Link courtesy of BoingBoing)