Both regard Europe as the main battleground, and they also question just how useful democratisation can be as a tool of counter-terrorism; indeed Mr SAgeman believes it is entirely irrelevant.
This "democratisation of credit" let more people own homes (and even now it is worth remembering that most subprime borrowers are keeping up with their payments).
“It now feels like we were operating in the Stone Age when I first came out here, ” he says. Another notable change is a democratisation of entrepreneurialism in the Valley.
