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The Real Reason Behind the Economic Crisis

Discussion in 'The Economy' started by Tropo, 5th Apr, 2009.

  1. Tropo

    Tropo Well-Known Member

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  2. Chris C

    Chris C Well-Known Member

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    Not a bad video, he explains how the crisis unfolds well, but he doesn't really explain how we got to the point where a crisis was possible. Most people don't like talking about "how" we got to where we did because it requires a bit of looking in the mirror.

    Anyway I also enjoyed his bad mouthing of the media - there aren't enough people out calling for the mass media to get a clue. The media focuses way to much on marketing and not nearly enough on information.

    Also he succinctly points out that the real winner at the end of all this will be the FED, and the US taxpayer will be the one who is fleeced, but in life you get what you deserve.
     
  3. Billv

    Billv Getting there

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    Tropo

    Good find thanks :)