Isn't it amazing how the "smartest people in the country" i.e. Harvard/Yale/MIT have destroyed our economy with their financial brilliance and statistical analysis.
no those assets in most cases manipulated by the Fed that made the 86 dollar loan what makes the assets toxic? Fraud right? how can the Government Provide liabilities for a Private investor to invest in a largely Fraudulent asset
I would say that those assest in real life are by and large worth nothing, as more and more people lose there jobs, more and more people are not going to make there house/car payments. And its a painful cycle.
Yes, this is exactly what Geithner will pass. And the investors, the Fed and the Treasury WILL be wiped out, essentially writing a blank check to the crooks holding this toxic garbage.
Isn't it amazing how the "smartest people in the country" i.e. Harvard/Yale/MIT have destroyed our economy with their financial brilliance and statistical analysis.
bjmorris64 7 months ago
I tried downloading Sal's videos but i can't. Can someone tell me what the hell i'm doing wrong, please?
ionuorah 1 year ago
thanks for the explanation.. I dont like the plan.. it was better to create a parallel system instead of fixing this mess.
nalcow 1 year ago
Thank you so much for taking your time to make this videos!
mzambo666 1 year ago
no those assets in most cases manipulated by the Fed that made the 86 dollar loan what makes the assets toxic? Fraud right? how can the Government Provide liabilities for a Private investor to invest in a largely Fraudulent asset
EsCurve 2 years ago
I would say that those assest in real life are by and large worth nothing, as more and more people lose there jobs, more and more people are not going to make there house/car payments. And its a painful cycle.
BMac7773 2 years ago
I can't believe you've made all of these videos. Bravo
BigPurple121 2 years ago
What the hell is that annoying beep in the background?? AAAAAAAAAAARRRRRRRRRRGGGGHHHHHHH!!!!!!
querzer 2 years ago
Badly designed PC mainboard.
conoba 2 years ago
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kramtark 2 years ago
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gosox773 2 years ago
I haven't been staying current with the news, so can someone tell me if this is actually the current plan that's been floated by the Treasury?
By the way, what drawing software is Kahn using?
peaceinunderstanding 2 years ago
Yes, this is exactly what Geithner will pass. And the investors, the Fed and the Treasury WILL be wiped out, essentially writing a blank check to the crooks holding this toxic garbage.
draggeddownthehole 2 years ago 6
I think it'll be up to Congress whether it'll pass or not. The Fed and Treasury can't be wiped out because they can always just tax us.
I agree it's a bad idea. The last video does a good job explaining why it may have seriously adverse consequences.
Shazaaming 2 years ago
The fed cannot be wiped out. They have an unlimited balance sheet.
imnos482 2 years ago
no they dont, they can be. there is a limit to the expansion ability. Its NOT unlimited by any stretch
sysopkc 2 years ago
Yes they control the printing press. Well its not a printing press anymore, but they can create cash out of thin air and buy shit with it.
BMac7773 2 years ago
It's just microsoft paint...
Shazaaming 2 years ago
thank you for the great videos...
mouljran7 2 years ago 2
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nuprincenj 2 years ago