Subprime mortgages affect our brains

August 9, 2007
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)

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