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-   -   Our Credit Crisis Explained In A Simple Cartoon (https://gfy.com/showthread.php?t=1050616)

TrustCash 12-20-2011 07:07 AM

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.


pornguy 12-20-2011 07:49 AM

well put together.

sperbonzo 12-20-2011 09:42 AM

It was well done, but of course it completely ignored the federal government buying up of bad paper through Fannie and Freddie....



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raymor 12-20-2011 09:53 AM

Quote:

Originally Posted by TrustCash (Post 18641789)
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.


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