Author: Transhumanist

Who caused the 2008 housing bubble to burst in the U.S.?   [Copy link] 中文

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Post time 2016-1-4 19:05:44 |Display all floors
St_George Post time: 2013-1-15 21:37
Greedy bastard bankers.

Without banks, were would we be?

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Medal of honor

Post time 2016-1-6 19:45:22 |Display all floors
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Post time 2016-1-7 18:23:46 |Display all floors
YumYum Post time: 2016-1-4 19:05
Without banks, were would we be?

All right then sub-prime loans, granted by lenders obviously-Bankers-but fully encouraged by politicians.  

Every American should own a home, a great piece of populism but the dunderheads didn't consider how all those lowly-paid people would repay their mortgages.
Your own mind is a sacred enclosure into which nothing harmful can enter except by your permission. Arnold Bennett

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Post time 2016-1-13 23:42:53 |Display all floors
This post was edited by 5teacup at 2016-1-14 23:54

Isaiah 63 I trampled the nations in My anger . I have been saying since 2006 parts of Isaiah are happening .  Want to say, if you want to start, start with a church some bands an spies .  

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Post time 2016-1-14 16:49:08 |Display all floors
St_George Post time: 2016-1-7 18:23
All right then sub-prime loans, granted by lenders obviously-Bankers-but fully encouraged by polit ...

I blame Robert

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Post time 2016-1-14 17:04:17 |Display all floors
Banksters

The banksters create and burst bubbles.They have been doing it for a long time.That is how they fleece the goyim.The South Sea bubble burst in the 18th century.The Chosen set up the first stock exchange in Amsterdam in 1602.
9/11 was an inside job.
No second plane.It was a bomb.Bomb in the other building.
You KNOW without a doubt the videos are fake,right ?!
Planes don't meld into steel and concrete buildings.They crash into them !!!!!!!
It's amazing how the building ate the plane !!!
Imagine those fragile wings cutting slots in massive steel columns !!!!!
How STUPID can they think the people are to believe that crap ??!!

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Post time 2016-1-14 17:31:01 |Display all floors
This post was edited by sfphoto at 2016-1-14 18:03
petera Post time: 2016-1-14 17:04
The banksters create and burst bubbles.They have been doing it for a long time.That is how they fleece the goyim.The South Sea bubble burst in the 18th century.The Chosen set up the first stock exchange in Amsterdam in 1602.



That is the fatal flaw of Capitalism as an economic system: Capitalists use the supply of money as their "invisible hand" (aka CAPITAL) to own and control the economic system. Capitalists don't have to manage the companies they own and control because they can just hire managers to run the companies for them. But Capitalists can finance companies through the Capital Markets -- in the form of cash, equity, credit, loans, derivatives -- which makes Capital the lifeblood of the economic system.


The problem comes about because Capitalists can overinvest their Capital thereby inducing artificial boom and bust cycles. This Capitalist Scam works because markets do not always behave rationally but follow the "herd mentality" leading to "irrational exuberance". The Wall Street Crash of 1929, for example, was triggered because the Capitalists lent too much money to the retail investors who lost their shirts following the crash when the same Capitalists can then buy everything cheap. The same thing happened in the Dot-Com Boom in the 1990s. The same thing happened again in the Housing Boom in the 2000s. In other words, Capitalists can engineer the timing and extent of the boom and bust cycles by controlling the amount of Capital flowing into the economic system.



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