How The Markets Really Work, A Video Presentation
Perfectly true and perfectly sad.
“What was stupid was not giving a loan to a person without income, job or assets, it was asking at some point what is that house we took a mortgage on actually worth?”
“Government bailout? No, it’s not rewarding greed and stupidity, it’s saving your pension fund”.
Watch the whole thing. The quotes above do not do it justice.
“What was stupid was not giving a loan to a person without income, job or assets, it was asking at some point what is that house we took a mortgage on actually worth?”
“Government bailout? No, it’s not rewarding greed and stupidity, it’s saving your pension fund”.
Watch the whole thing. The quotes above do not do it justice.
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