they are generally caused by ppl using abnormally high credit access for some type of speculation.
only way to prevent abnormally high credit levels is to let market determine interest levels. but with governments printing money and artificially lowering interest rates (for political reasons ) that will not be achieved.
now with federal reserve keeping interest rates @ 0% expect more crashes soon
time to buy some physical gold...
vidsurf88 1 week ago
Why didn't this documentary show why the crash happened?
The answer?
Increased margins by the bankers caused the wave of selling
whaler3232 3 weeks ago
another mostly superficial bbc documentary.
more regulations cannot prevent these crashes .
they are generally caused by ppl using abnormally high credit access for some type of speculation.
only way to prevent abnormally high credit levels is to let market determine interest levels. but with governments printing money and artificially lowering interest rates (for political reasons ) that will not be achieved.
now with federal reserve keeping interest rates @ 0% expect more crashes soon
hammertapping 1 month ago
@MrRhar1 -You never fail! Thank You!!!
MegaProjectpat 1 month ago
thanks for this
ketwilliam19 1 month ago
@ketwilliam19 No problem, glad to have been of help. Watch or download the Documentaries while you can, as they may have to be deleted at some stage?
MrRhar1 1 month ago
Increibleeeeeeeee...!!!
Karlyisobel 6 months ago