This NEXT Bubble Is Going To Hurt!

[DarkFury]

Hey Fury it will happen soon enough that we will be either part of the one world order or be genocide...

They are closing the choies sure enough. How much you give me for that idiot McRocket ? Give you a good price!

You have to pay me and still not enough to take him off your hands...

So many on the left believe in something that can never happen because of greed, envy and sloth...

But they will keep on trying until on day their Trotsky way of living has become reality.

I rather starve than be part of that world...

Well I may need to list him on the site. Maybe strollingbones needs a new cock sucker?

 

[Toddsterpatriot]

william the wie AND Toddsterpatriot . Okay guys the NEXT bubble is auto loans and it will hit before the summer is over. MORE people are under water on their car loan than were home loans. A 5 year old Ford truck is simply not worth 50k on the market.

Cars were ALSO sold at below prime number. Car loans were ALSO bundled and re-sold just like home loans. Ford is killing it's ENTIRE car line except Mustang/SUV/ Ford trucks. It seems according to studies truck buyers have a lower default rate.2018 is the LAST year for the Towncar, the sedan is DEAD.

Jeep is switching to Fiat running gear, talk about going to shit. American cars are to OVER tech to OVER priced and to UNDER built. Dodge is gone okay? Dead for years. Ford is changing to save its ass. GM has been dropping models for years.

By the end of THIS decade there will only be ONE American car builder. Its FORCED globalization via the market. Right Dale Smith

Fury

Okay guys the NEXT bubble is auto loans and it will hit before the summer is over.

Why?

 

[Dale Smith]

Dale Smith Global control is not coming via war, global control is going to happen via the markets. That IS what these bubbles are, the silent coup. Shit Stain did not save GM, he merely picked the winner. It was fixed.
You can buy the ORIGINAL GM shares on the net for about a dollar. When the ORIGINAL share is barely worth toilet paper what was SAVED? Nothing and it was NEVER intended to save anything!

That makes the "bubbles" the lynch pin of the coup NOT the result OF. EVERY bubble re-centers the market and the "sides" are getting smaller and smaller.

The banking oligarchs create the bubble and pull out when the profit to be made is highest and then they implode it...watch the carnage and then jump back in and buy up shares for pennies on the dollar and the cycle starts all over. The poor get screwed and the Illuminati bankers and their thirteen bloodline families suck more wealth out of their "energy sources" which is us.

It's not a pretty picture but it's a fucking fact.

 

[Toddsterpatriot]

Dale Smith Global control is not coming via war, global control is going to happen via the markets. That IS what these bubbles are, the silent coup. Shit Stain did not save GM, he merely picked the winner. It was fixed.
You can buy the ORIGINAL GM shares on the net for about a dollar. When the ORIGINAL share is barely worth toilet paper what was SAVED? Nothing and it was NEVER intended to save anything!

That makes the "bubbles" the lynch pin of the coup NOT the result OF. EVERY bubble re-centers the market and the "sides" are getting smaller and smaller.

The banking oligarchs create the bubble and pull out when the profit to be made is highest and then they implode it...watch the carnage and then jump back in and buy up shares for pennies on the dollar and the cycle starts all over. The poor get screwed and the Illuminati bankers and their thirteen bloodline families suck more wealth out of their "energy sources" which is us.

It's not a pretty picture but it's a fucking fact.

The banking oligarchs create the bubble and pull out when the profit to be made is highest and then they implode it

Exactly!!

That's why no bank CEO lost his job after the crisis and every bank made money during the crisis.

Wait, what?

 

[McRocket]

Dale Smith Global control is not coming via war, global control is going to happen via the markets. That IS what these bubbles are, the silent coup. Shit Stain did not save GM, he merely picked the winner. It was fixed.
You can buy the ORIGINAL GM shares on the net for about a dollar. When the ORIGINAL share is barely worth toilet paper what was SAVED? Nothing and it was NEVER intended to save anything!

That makes the "bubbles" the lynch pin of the coup NOT the result OF. EVERY bubble re-centers the market and the "sides" are getting smaller and smaller.

The banking oligarchs create the bubble and pull out when the profit to be made is highest and then they implode it...watch the carnage and then jump back in and buy up shares for pennies on the dollar and the cycle starts all over. The poor get screwed and the Illuminati bankers and their thirteen bloodline families suck more wealth out of their "energy sources" which is us.

It's not a pretty picture but it's a fucking fact.

The banking oligarchs create the bubble and pull out when the profit to be made is highest and then they implode it

Exactly!!

That's why no bank CEO lost his job after the crisis and every bank made money during the crisis.

Wait, what?

Holy crap...you are REALLY ignorant about the economy.

You dumb shit...if the banks planned it all and got out when things were good...why did the Fed have to bail them out to the tune of $1.6 TRILLION DOLLARS directly and LOADS more indirectly?
And why did Bear Stearns go under?

'Over the next six months, TARP was dwarfed by other guarantees and lending limits; analysis by Bloomberg found the Federal Reservehad, by March 2009, committed $7.77 trillion to rescuing the financial system, more than half the value of everything produced in the U.S. that year'

Emergency Economic Stabilization Act of 2008 - Wikipedia

The banks got killed by the boom/bust...they just had the Fed to bail them out.

Uneducated hick...stick to what you know (being xenophobic, misogynistic, racist and masturbating to pictures of Trump) and leave macroeconomics to those of us with IQ's over 90.

We are done here as I won't waste a second reading your - or other Trumpbot - undoubtedly moronic reply.


Have a nice day.

 

[Toro]

This isn’t a big problem. Subprime auto is a small fraction of the economy compared to the mortgage market, and the banking system is strong.

Stocks will get whacked one day simply because valuations are very high and interest rates are rising.

 

[Toddsterpatriot]

Dale Smith Global control is not coming via war, global control is going to happen via the markets. That IS what these bubbles are, the silent coup. Shit Stain did not save GM, he merely picked the winner. It was fixed.
You can buy the ORIGINAL GM shares on the net for about a dollar. When the ORIGINAL share is barely worth toilet paper what was SAVED? Nothing and it was NEVER intended to save anything!

That makes the "bubbles" the lynch pin of the coup NOT the result OF. EVERY bubble re-centers the market and the "sides" are getting smaller and smaller.

The banking oligarchs create the bubble and pull out when the profit to be made is highest and then they implode it...watch the carnage and then jump back in and buy up shares for pennies on the dollar and the cycle starts all over. The poor get screwed and the Illuminati bankers and their thirteen bloodline families suck more wealth out of their "energy sources" which is us.

It's not a pretty picture but it's a fucking fact.

The banking oligarchs create the bubble and pull out when the profit to be made is highest and then they implode it

Exactly!!

That's why no bank CEO lost his job after the crisis and every bank made money during the crisis.

Wait, what?

Holy crap...you are REALLY ignorant about the economy.

You dumb shit...if the banks planned it all and got out when things were good...why did the Fed have to bail them out to the tune of $1.6 TRILLION DOLLARS directly and LOADS more indirectly?
And why did Bear Stearns go under?

'Over the next six months, TARP was dwarfed by other guarantees and lending limits; analysis by Bloomberg found the Federal Reservehad, by March 2009, committed $7.77 trillion to rescuing the financial system, more than half the value of everything produced in the U.S. that year'

Emergency Economic Stabilization Act of 2008 - Wikipedia

The banks got killed by the boom/bust...they just had the Fed to bail them out.

Uneducated hick...stick to what you know (being xenophobic, misogynistic, racist and masturbating to pictures of Trump) and leave macroeconomics to those of us with IQ's over 90.

We are done here as I won't waste a second reading your undoubtedly moronic reply.


Have a nice day.

The banks got killed by the boom/bust...they just had the Fed to bail them out.

Congrats!

You've discovered Dale is an idiot.

 

[Toro]

Dale Smith Global control is not coming via war, global control is going to happen via the markets. That IS what these bubbles are, the silent coup. Shit Stain did not save GM, he merely picked the winner. It was fixed.
You can buy the ORIGINAL GM shares on the net for about a dollar. When the ORIGINAL share is barely worth toilet paper what was SAVED? Nothing and it was NEVER intended to save anything!

That makes the "bubbles" the lynch pin of the coup NOT the result OF. EVERY bubble re-centers the market and the "sides" are getting smaller and smaller.

The banking oligarchs create the bubble and pull out when the profit to be made is highest and then they implode it...watch the carnage and then jump back in and buy up shares for pennies on the dollar and the cycle starts all over. The poor get screwed and the Illuminati bankers and their thirteen bloodline families suck more wealth out of their "energy sources" which is us.

It's not a pretty picture but it's a fucking fact.

The banking oligarchs create the bubble and pull out when the profit to be made is highest and then they implode it

Exactly!!

That's why no bank CEO lost his job after the crisis and every bank made money during the crisis.

Wait, what?

Holy crap...you are REALLY ignorant about the economy.

You dumb shit...if the banks planned it all and got out when things were good...why did the Fed have to bail them out to the tune of $1.6 TRILLION DOLLARS directly and LOADS more indirectly?
And why did Bear Stearns go under?

'Over the next six months, TARP was dwarfed by other guarantees and lending limits; analysis by Bloomberg found the Federal Reservehad, by March 2009, committed $7.77 trillion to rescuing the financial system, more than half the value of everything produced in the U.S. that year'

Emergency Economic Stabilization Act of 2008 - Wikipedia

The banks got killed by the boom/bust...they just had the Fed to bail them out.

Uneducated hick...stick to what you know (being xenophobic, misogynistic, racist and masturbating to pictures of Trump) and leave macroeconomics to those of us with IQ's over 90.

We are done here as I won't waste a second reading your undoubtedly moronic reply.


Have a nice day.

Todd and I work in the financial markets.

I’ve been in the investment business for 20 years, and I don’t work for a bank.

I also don’t believe that the CRA nor the GSEs were the reasons for the Financial Crisis.

The banks WERE stupid, but they didn’t plan the Crisis. Such conspiracy theories by the likes of Crazy Dale put one way out there on the crazy plane.

 

[DrLove]

william the wie AND Toddsterpatriot . Okay guys the NEXT bubble is auto loans and it will hit before the summer is over. MORE people are under water on their car loan than were home loans. A 5 year old Ford truck is simply not worth 50k on the market.

Cars were ALSO sold at below prime number. Car loans were ALSO bundled and re-sold just like home loans. Ford is killing it's ENTIRE car line except Mustang/SUV/ Ford trucks. It seems according to studies truck buyers have a lower default rate.2018 is the LAST year for the Towncar, the sedan is DEAD.

Jeep is switching to Fiat running gear, talk about going to shit. American cars are to OVER tech to OVER priced and to UNDER built. Dodge is gone okay? Dead for years. Ford is changing to save its ass. GM has been dropping models for years.

By the end of THIS decade there will only be ONE American car builder. Its FORCED globalization via the market. Right Dale Smith

Fury

And you will blame it on Obama for saving Detroit
Amiright?

 

[Crepitus]

william the wie AND Toddsterpatriot . Okay guys the NEXT bubble is auto loans and it will hit before the summer is over. MORE people are under water on their car loan than were home loans. A 5 year old Ford truck is simply not worth 50k on the market.

Cars were ALSO sold at below prime number. Car loans were ALSO bundled and re-sold just like home loans. Ford is killing it's ENTIRE car line except Mustang/SUV/ Ford trucks. It seems according to studies truck buyers have a lower default rate.2018 is the LAST year for the Towncar, the sedan is DEAD.

Jeep is switching to Fiat running gear, talk about going to shit. American cars are to OVER tech to OVER priced and to UNDER built. Dodge is gone okay? Dead for years. Ford is changing to save its ass. GM has been dropping models for years.

By the end of THIS decade there will only be ONE American car builder. Its FORCED globalization via the market. Right Dale Smith

Fury

Where is the money coming from to finance these ridiculously low car loans?

The ORINGINAL finance comes from the car builders. They then re-package to loans to be sold to credit investors.

Where is your unbiased link to proof of this? Which auto manufacturers self-finance?

Lol... and it's 'original' and 'the'...not 'to'.

Every major manufacturer has their own finance company. From Ford Motor Credit to Toyota Financial. Well known fact.

 

[Toro]

william the wie AND Toddsterpatriot . Okay guys the NEXT bubble is auto loans and it will hit before the summer is over. MORE people are under water on their car loan than were home loans. A 5 year old Ford truck is simply not worth 50k on the market.

Cars were ALSO sold at below prime number. Car loans were ALSO bundled and re-sold just like home loans. Ford is killing it's ENTIRE car line except Mustang/SUV/ Ford trucks. It seems according to studies truck buyers have a lower default rate.2018 is the LAST year for the Towncar, the sedan is DEAD.

Jeep is switching to Fiat running gear, talk about going to shit. American cars are to OVER tech to OVER priced and to UNDER built. Dodge is gone okay? Dead for years. Ford is changing to save its ass. GM has been dropping models for years.

By the end of THIS decade there will only be ONE American car builder. Its FORCED globalization via the market. Right Dale Smith

Fury

Where is the money coming from to finance these ridiculously low car loans?

The ORINGINAL finance comes from the car builders. They then re-package to loans to be sold to credit investors.

Where is your unbiased link to proof of this? Which auto manufacturers self-finance?

Lol... and it's 'original' and 'the'...not 'to'.

Every major manufacturer has their own finance company. From Ford Motor Credit to Toyota Financial. Well known fact.

I think some of those have been spun off.

 

[william the wie]

Dale Smith Global control is not coming via war, global control is going to happen via the markets. That IS what these bubbles are, the silent coup. Shit Stain did not save GM, he merely picked the winner. It was fixed.
You can buy the ORIGINAL GM shares on the net for about a dollar. When the ORIGINAL share is barely worth toilet paper what was SAVED? Nothing and it was NEVER intended to save anything!

That makes the "bubbles" the lynch pin of the coup NOT the result OF. EVERY bubble re-centers the market and the "sides" are getting smaller and smaller.

The banking oligarchs create the bubble and pull out when the profit to be made is highest and then they implode it...watch the carnage and then jump back in and buy up shares for pennies on the dollar and the cycle starts all over. The poor get screwed and the Illuminati bankers and their thirteen bloodline families suck more wealth out of their "energy sources" which is us.

It's not a pretty picture but it's a fucking fact.

The banking oligarchs create the bubble and pull out when the profit to be made is highest and then they implode it

Exactly!!

That's why no bank CEO lost his job after the crisis and every bank made money during the crisis.

Wait, what?

Holy crap...you are REALLY ignorant about the economy.

You dumb shit...if the banks planned it all and got out when things were good...why did the Fed have to bail them out to the tune of $1.6 TRILLION DOLLARS directly and LOADS more indirectly?
And why did Bear Stearns go under?

'Over the next six months, TARP was dwarfed by other guarantees and lending limits; analysis by Bloomberg found the Federal Reservehad, by March 2009, committed $7.77 trillion to rescuing the financial system, more than half the value of everything produced in the U.S. that year'

Emergency Economic Stabilization Act of 2008 - Wikipedia

The banks got killed by the boom/bust...they just had the Fed to bail them out.

Uneducated hick...stick to what you know (being xenophobic, misogynistic, racist and masturbating to pictures of Trump) and leave macroeconomics to those of us with IQ's over 90.

We are done here as I won't waste a second reading your undoubtedly moronic reply.


Have a nice day.

Todd and I work in the financial markets.

I’ve been in the investment business for 20 years, and I don’t work for a bank.

I also don’t believe that the CRA nor the GSEs were the reasons for the Financial Crisis.

The banks WERE stupid, but they didn’t plan the Crisis. Such conspiracy theories put you way out there on the crazy plane.

Bank CEOs at Bear got fired and Lehman brothers and several other less famous places did get fired.

 

[Toro]

Dale Smith Global control is not coming via war, global control is going to happen via the markets. That IS what these bubbles are, the silent coup. Shit Stain did not save GM, he merely picked the winner. It was fixed.
You can buy the ORIGINAL GM shares on the net for about a dollar. When the ORIGINAL share is barely worth toilet paper what was SAVED? Nothing and it was NEVER intended to save anything!

That makes the "bubbles" the lynch pin of the coup NOT the result OF. EVERY bubble re-centers the market and the "sides" are getting smaller and smaller.

The banking oligarchs create the bubble and pull out when the profit to be made is highest and then they implode it...watch the carnage and then jump back in and buy up shares for pennies on the dollar and the cycle starts all over. The poor get screwed and the Illuminati bankers and their thirteen bloodline families suck more wealth out of their "energy sources" which is us.

It's not a pretty picture but it's a fucking fact.

The banking oligarchs create the bubble and pull out when the profit to be made is highest and then they implode it

Exactly!!

That's why no bank CEO lost his job after the crisis and every bank made money during the crisis.

Wait, what?

Holy crap...you are REALLY ignorant about the economy.

You dumb shit...if the banks planned it all and got out when things were good...why did the Fed have to bail them out to the tune of $1.6 TRILLION DOLLARS directly and LOADS more indirectly?
And why did Bear Stearns go under?

'Over the next six months, TARP was dwarfed by other guarantees and lending limits; analysis by Bloomberg found the Federal Reservehad, by March 2009, committed $7.77 trillion to rescuing the financial system, more than half the value of everything produced in the U.S. that year'

Emergency Economic Stabilization Act of 2008 - Wikipedia

The banks got killed by the boom/bust...they just had the Fed to bail them out.

Uneducated hick...stick to what you know (being xenophobic, misogynistic, racist and masturbating to pictures of Trump) and leave macroeconomics to those of us with IQ's over 90.

We are done here as I won't waste a second reading your undoubtedly moronic reply.


Have a nice day.

Todd and I work in the financial markets.

I’ve been in the investment business for 20 years, and I don’t work for a bank.

I also don’t believe that the CRA nor the GSEs were the reasons for the Financial Crisis.

The banks WERE stupid, but they didn’t plan the Crisis. Such conspiracy theories put you way out there on the crazy plane.

Bank CEOs at Bear got fired and Lehman brothers and several other less famous places did get fired.

Yup.

And I edited my original post.

Those thinking that the GFC was planned are clueless retards.

 

[Manonthestreet]

Dale Smith Global control is not coming via war, global control is going to happen via the markets. That IS what these bubbles are, the silent coup. Shit Stain did not save GM, he merely picked the winner. It was fixed.
You can buy the ORIGINAL GM shares on the net for about a dollar. When the ORIGINAL share is barely worth toilet paper what was SAVED? Nothing and it was NEVER intended to save anything!

That makes the "bubbles" the lynch pin of the coup NOT the result OF. EVERY bubble re-centers the market and the "sides" are getting smaller and smaller.

The banking oligarchs create the bubble and pull out when the profit to be made is highest and then they implode it...watch the carnage and then jump back in and buy up shares for pennies on the dollar and the cycle starts all over. The poor get screwed and the Illuminati bankers and their thirteen bloodline families suck more wealth out of their "energy sources" which is us.

It's not a pretty picture but it's a fucking fact.

The banking oligarchs create the bubble and pull out when the profit to be made is highest and then they implode it

Exactly!!

That's why no bank CEO lost his job after the crisis and every bank made money during the crisis.

Wait, what?

Holy crap...you are REALLY ignorant about the economy.

You dumb shit...if the banks planned it all and got out when things were good...why did the Fed have to bail them out to the tune of $1.6 TRILLION DOLLARS directly and LOADS more indirectly?
And why did Bear Stearns go under?

'Over the next six months, TARP was dwarfed by other guarantees and lending limits; analysis by Bloomberg found the Federal Reservehad, by March 2009, committed $7.77 trillion to rescuing the financial system, more than half the value of everything produced in the U.S. that year'

Emergency Economic Stabilization Act of 2008 - Wikipedia

The banks got killed by the boom/bust...they just had the Fed to bail them out.

Uneducated hick...stick to what you know (being xenophobic, misogynistic, racist and masturbating to pictures of Trump) and leave macroeconomics to those of us with IQ's over 90.

We are done here as I won't waste a second reading your undoubtedly moronic reply.


Have a nice day.

Todd and I work in the financial markets.

I’ve been in the investment business for 20 years, and I don’t work for a bank.

I also don’t believe that the CRA nor the GSEs were the reasons for the Financial Crisis.

The banks WERE stupid, but they didn’t plan the Crisis. Such conspiracy theories put you way out there on the crazy plane.

Bank CEOs at Bear got fired and Lehman brothers and several other less famous places did get fired.

And none got prosecuted....

 

[Crepitus]

The ORINGINAL finance comes from the car builders. They then re-package to loans to be sold to credit investors.

Where is your unbiased link to proof of this? Which auto manufacturers self-finance?

Lol... and it's 'original' and 'the'...not 'to'.

You are WAY over your head McStupid. Just bow out and shut up.

Lol...this from a guy who clearly made up that Harley Davidson is taxed 1000% overseas.

You made the claim about the car manufacturers...so, where is your unbiased link to prove what you claimed?

You are making a fool of yourself, GayFury.

You have never heard of Ford credit? Or Toyota? See that IS the problem here, you are far to ignorant to educate. Now I'm going to put you on IGNORE so the thread smells better.
Good bye!!

I asked which auto builders? All you typed was 'the original finance comes from the car builders'.
Just becauae a car company says it self-finances - does not mean it actually does.
Fiat-Chrysler currently does it through Santander.

I realize several do. But several do not.

Plus, a huge percentage of car loans come from other sources.

So? Where is your link to statistics to verify your claims?
Or are you making things up again...GayFury?

Plus,

Terms of Service Violation

Captive Finance Company | DMV.ORG

 

[Crepitus]

william the wie AND Toddsterpatriot . Okay guys the NEXT bubble is auto loans and it will hit before the summer is over. MORE people are under water on their car loan than were home loans. A 5 year old Ford truck is simply not worth 50k on the market.

Cars were ALSO sold at below prime number. Car loans were ALSO bundled and re-sold just like home loans. Ford is killing it's ENTIRE car line except Mustang/SUV/ Ford trucks. It seems according to studies truck buyers have a lower default rate.2018 is the LAST year for the Towncar, the sedan is DEAD.

Jeep is switching to Fiat running gear, talk about going to shit. American cars are to OVER tech to OVER priced and to UNDER built. Dodge is gone okay? Dead for years. Ford is changing to save its ass. GM has been dropping models for years.

By the end of THIS decade there will only be ONE American car builder. Its FORCED globalization via the market. Right Dale Smith

Fury

Where is the money coming from to finance these ridiculously low car loans?

The ORINGINAL finance comes from the car builders. They then re-package to loans to be sold to credit investors.

Where is your unbiased link to proof of this? Which auto manufacturers self-finance?

Lol... and it's 'original' and 'the'...not 'to'.

Every major manufacturer has their own finance company. From Ford Motor Credit to Toyota Financial. Well known fact.

I think some of those have been spun off.

Captive Finance Company | DMV.ORG

 

[Manonthestreet]

Whether it was planned or not the outcome should have been easy to deduce.....and correct......for so called financial wizards.

 

[yiostheoy]

william the wie AND Toddsterpatriot . Okay guys the NEXT bubble is auto loans and it will hit before the summer is over. MORE people are under water on their car loan than were home loans. A 5 year old Ford truck is simply not worth 50k on the market.

Cars were ALSO sold at below prime number. Car loans were ALSO bundled and re-sold just like home loans. Ford is killing it's ENTIRE car line except Mustang/SUV/ Ford trucks. It seems according to studies truck buyers have a lower default rate.2018 is the LAST year for the Towncar, the sedan is DEAD.

Jeep is switching to Fiat running gear, talk about going to shit. American cars are to OVER tech to OVER priced and to UNDER built. Dodge is gone okay? Dead for years. Ford is changing to save its ass. GM has been dropping models for years.

By the end of THIS decade there will only be ONE American car builder. Its FORCED globalization via the market. Right Dale Smith

Fury

Yup Jeep's aren't Jeep's anymore.

My Jeep is a 2001 and I keep rebuilding it.

When I can't rebuild it anymore I will probably need to go for a GMC.

 

[Toddsterpatriot]

The banking oligarchs create the bubble and pull out when the profit to be made is highest and then they implode it...watch the carnage and then jump back in and buy up shares for pennies on the dollar and the cycle starts all over. The poor get screwed and the Illuminati bankers and their thirteen bloodline families suck more wealth out of their "energy sources" which is us.

It's not a pretty picture but it's a fucking fact.

The banking oligarchs create the bubble and pull out when the profit to be made is highest and then they implode it

Exactly!!

That's why no bank CEO lost his job after the crisis and every bank made money during the crisis.

Wait, what?

Holy crap...you are REALLY ignorant about the economy.

You dumb shit...if the banks planned it all and got out when things were good...why did the Fed have to bail them out to the tune of $1.6 TRILLION DOLLARS directly and LOADS more indirectly?
And why did Bear Stearns go under?

'Over the next six months, TARP was dwarfed by other guarantees and lending limits; analysis by Bloomberg found the Federal Reservehad, by March 2009, committed $7.77 trillion to rescuing the financial system, more than half the value of everything produced in the U.S. that year'

Emergency Economic Stabilization Act of 2008 - Wikipedia

The banks got killed by the boom/bust...they just had the Fed to bail them out.

Uneducated hick...stick to what you know (being xenophobic, misogynistic, racist and masturbating to pictures of Trump) and leave macroeconomics to those of us with IQ's over 90.

We are done here as I won't waste a second reading your undoubtedly moronic reply.


Have a nice day.

Todd and I work in the financial markets.

I’ve been in the investment business for 20 years, and I don’t work for a bank.

I also don’t believe that the CRA nor the GSEs were the reasons for the Financial Crisis.

The banks WERE stupid, but they didn’t plan the Crisis. Such conspiracy theories put you way out there on the crazy plane.

Bank CEOs at Bear got fired and Lehman brothers and several other less famous places did get fired.

And none got prosecuted....

Making stupid investment choices usually isn't a crime.

 

[Manonthestreet]

The banking oligarchs create the bubble and pull out when the profit to be made is highest and then they implode it

Exactly!!

That's why no bank CEO lost his job after the crisis and every bank made money during the crisis.

Wait, what?

Holy crap...you are REALLY ignorant about the economy.

You dumb shit...if the banks planned it all and got out when things were good...why did the Fed have to bail them out to the tune of $1.6 TRILLION DOLLARS directly and LOADS more indirectly?
And why did Bear Stearns go under?

'Over the next six months, TARP was dwarfed by other guarantees and lending limits; analysis by Bloomberg found the Federal Reservehad, by March 2009, committed $7.77 trillion to rescuing the financial system, more than half the value of everything produced in the U.S. that year'

Emergency Economic Stabilization Act of 2008 - Wikipedia

The banks got killed by the boom/bust...they just had the Fed to bail them out.

Uneducated hick...stick to what you know (being xenophobic, misogynistic, racist and masturbating to pictures of Trump) and leave macroeconomics to those of us with IQ's over 90.

We are done here as I won't waste a second reading your undoubtedly moronic reply.


Have a nice day.

Todd and I work in the financial markets.

I’ve been in the investment business for 20 years, and I don’t work for a bank.

I also don’t believe that the CRA nor the GSEs were the reasons for the Financial Crisis.

The banks WERE stupid, but they didn’t plan the Crisis. Such conspiracy theories put you way out there on the crazy plane.

Bank CEOs at Bear got fired and Lehman brothers and several other less famous places did get fired.

And none got prosecuted....

Making stupid investment choices usually isn't a crime.

Selling fraudulent products is.