Given sub-prime mortgage default rate, was financial meltdown unavoidable?

[Polerius]

@SpoilerVirgin

I don’t know if I’d call them good. Having a large number of financial institutions that depend on mortgages collapse, not to mention the homeowners being foreclosed on would not be a good thing.

I meant good compared to what we are seeing now, that is, a meltdown of the economy.