John Allison Smashes Mainstream Analysis of Financial Crisis 1 of 3
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Love this guy and only 4 minutes in
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@Yous111111 So, you seem to be saying they weren't acting under official procedures, and that would be why that's an error to assume government failed here? Whether the procedures were official or not doesn't change the fact they were government problems which is his initial claim. What is the point of your criticism?
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@Kame6000 , if you like this, then look at this from Peter Schiff:
2006: watch?v=jj8rMwdQf6k
2009: watch?v=EgMclXX5msc
2011: watch?v=Q6DRXk9Ufv4
Peter is a legend
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@Yous111111 What solutions do you have to offer?
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Very superficial and ideologically colored analysis of the causes of the financial meltdown. His central mistake is that he believes that the private banking sector (or rather the big banks and other major financial institution), the government and the federal reserve are distinct entities, that are interacting with each other in accordance with official procedure. Consequently he limits himself to talking points like big gov, regs etc, without ever coming close to the real issues.
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This is by far the most comprehensive explanation of just what the hell is going on in our financial and housing markets, as well as our government's tinkering with them.
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Brilliant analysis.
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@Kame6000 peter schiff is someone who talks abut the same thing check him out
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Truth will always set you free. The Fed is at the center of this current crisis & they're also to blame for it.
Mr allison is another patriot who has come forward to tell people of this, thankyou sir.
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"Life is about creating win-win relationships" I LOVE that!
jazun33 4 months ago 4
@AntixSchiTTxreport I'm a huge fan of Schiff too, this is one of my favourite Youtube channels
Kame6000 4 months ago 3