Our Credit Crisis Explained In A Simple Cartoon

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  • TrustCash
    Confirmed User
    • Jul 2011
    • 344
    #1

    Our Credit Crisis Explained In A Simple Cartoon

    One of the best basic explanations of our global economy's current financial dilemma. Everyone should take time to watch this.

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    • pornguy
      Too lazy to set a custom title
      • Mar 2003
      • 62910
      #2
      well put together.
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        • sperbonzo
          I'd rather be on my boat.
          • May 2003
          • 9750
          #3
          It was well done, but of course it completely ignored the federal government buying up of bad paper through Fannie and Freddie....



          .
          Michael Sperber / Acella Financial LLC/ Online Payment Processing

          [email protected] / http://Acellafinancial.com/

          ICQ 177961090 / Tel +1 909 NET BILL / Skype msperber

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            • raymor
              Confirmed User
              • Oct 2002
              • 3745
              #4
              Originally posted by TrustCash
              One of the best basic explanations of our global economy's current financial dilemma. Everyone should take time to watch this.

              That is well done, explaining what happened without partisanship or going into who to blame. No mention that Congress required the banks to make the loans to people who couldn't pay, etc.
              For historical display only. This information is not current:
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