Quote:
Originally Posted by Jesus H Christ
Nothing to do with Obama or even Bush. It was Clinton and Alan Greenspan who reversed the Glass?Steagall Act that caused the bubble in the first place. Besides, we later found out the RBS and the French bank Société Générale bought 50% of all the loans knowing they were toxic mortgage loans as they leveraged with AIG insurer and later got bailed out by the feds.
Meaning, they got their cake and ate it too. It's always the Americans fault when you euros truly fail to understand you're in just as much trouble financially as we are and in some cases more.
Your Debt to earning ratios surpasses the average Americans debt. You can check it out HERE.
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i'm too tired to argue and too busy digging for facts. i'm just saying that if you point at someone, three fingers point back at you (four if you manage to bend your thumb enough)
and yeah, it's our fault, completely, totally, you are all angels and we still play with stones here.