.. why the credit crunch happened, point them here.
http://Crisisofcredit.com/
It's so simple, even my wife understands it now.
http://Crisisofcredit.com/
It's so simple, even my wife understands it now.
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"See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested." -
Excellent thanks.Originally posted by Moscow Mule View PostBehold the warranty -- the bold print giveth and the fine print taketh away. -
i dont know whether to laugh or cry
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Oh smeg. We're doomed.Originally posted by Moscow Mule View PostDown with racism. Long live miscegenation!Comment
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Good that, thanks.The cycle of life: born > learn > work > learn > dead.Comment
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I told anyone who would listen this bubble would burst dramatically, when house prices started going balistic (early 00s), and people would laugh, and go obout supply and demand etc. It was obvious the rises were caused by little more than the supply of cheap money and the likes of self cert 125% motgages! People were blinded by their own greed, the whole market acted stupidly, with little concern for value or common see. All bubbles end in disaster, this one even managing to bring down the financial system, was nobody looking at the potential downside?Comment
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It a very good video : though I have an even better powerpoint slide.Comment
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so its greenspan's fault - he would only give investor's a 1% return? and investors could not buy equities because? or they could not invest in solar power, wind power, fuel efficiency schemes etc etc etc?
what kind of investors are these people who can only see treasury bills ($$$$)???This default font is sooooooooooooo boring and so are short usernamesComment
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It's all about the risk - investors don't like risky new-fangled solar power.Originally posted by MPwannadecentincome View Post
They like high-risk packaged as low risk even less, but that's a different point."See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."Comment
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solar power is new-fangled?Originally posted by Moscow Mule View PostAnd what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014Comment
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