Credit CRISIS Animation Sub Prime just PRETEXT Banks Brokers Mortgages Foreclosure Money and Debt
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Kudos!
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"Where they buy AAA treasury bills, believed to be the safest"...
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By far the best explanation I found on Youtube. I will be sure to pass this along!
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I wish everyone watched this, there are so many people who simple don't know what's going on and are so angry at the government, they believe that the rich are getting richer and they will always get poorer. I was raised in a home like that and I look at other kids in college who have everything and waste it, now I too am angry. Its a viscous cycle.
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Absolutely Excellent! Clear and informative. Easy to understand. Please - never take this down. People will want to see this for a very long time.
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Well done Jonathan!
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everybody with a facebook needs to right now, copy/paste this link onto your page for all too see, ANY comprehended view counts and is a change in the long run. it wont be long before they too.. want to help educate the population of people in the dark.
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It is a pity not enough people want to educate themselves
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Simply BRILLIANT !!
NothingSoStrange 2 years ago 16
Not once did this video discuss how banks were not allowed to do most of these practices until the mid-to-late 90's, because they were bad ideas we'd "learned not to do" after the great depression. Nobody points out the bad guys in Washington (Republicans at the time) who pushed these de-regulation ideas as part of their "pro-business" agenda. Instead, this video points the blame at the foolish sub-prime home owner, who before banks targeted them, weren't allowed to purchase homes this way.
sevenbates 1 year ago 6