Financial Meltdown: The men who crashed the world

Discussion in 'West Mall' started by A'sD, Oct 10, 2011.

  1. A'sD

    A'sD 500+ Posts

    All you need to know, get through part I and you will find the rest.

    Yeah I know we are all still alive, have a wonderful day turds
    The Link
     
  2. Bevo Incognito

    Bevo Incognito 5,000+ Posts


     
  3. mcbrett

    mcbrett 2,500+ Posts

    When I first heard the world was going to crash here on the board I sold my stocks and put it all into pork bellies.

    Thanks AsD- financial disaster avoided!
     
  4. Bevo Incognito

    Bevo Incognito 5,000+ Posts

    What A's D doesn't realize is that almost all of the men who helped to destroy the world economy also post on the West Mall and are spying on him.


    Why is it that, whenever the world economy goes to hell or whenever Texas loses a football game, people stand around and blame X or Y for it?
     
  5. msdw24

    msdw24 1,000+ Posts

    I'm blaming Saturdays score on mr. A'sD [​IMG]
     
  6. Bevo Incognito

    Bevo Incognito 5,000+ Posts

    I've been coughing a little bit lately. Chem trails?
     
  7. RomaVicta

    RomaVicta 5,000+ Posts


     
  8. A'sD

    A'sD 500+ Posts


     
  9. ProdigalHorn

    ProdigalHorn 10,000+ Posts

    With such a charming way with people being demonstrated by the OP, I'm shocked that posts like this aren't treated more seriously.
     
  10. general35

    general35 5,000+ Posts

    Anyone give it even 10 minutes? How's that change working with all those new faces behind the scenes?
    _________________________________________________

    i watched it but its nothing new. i'm waiting for part 2
     
  11. A'sD

    A'sD 500+ Posts

    The Link

    The innerwebz is really not hard, just look over on the right side for parts 3 & 4

    Nothing new? Are you one of these types that sees grandma getting her purse snatched and you get out of the way of the thief as to not get run over? I've seen that before.
     
  12. IowaHorn

    IowaHorn 25+ Posts


     
  13. Perham1

    Perham1 2,500+ Posts

    Not to derail the thread, but I want to read MIchael Lewis' new book "Boomerang". He also wrote "The Big Short" and "The Blind Side" and "Moneyball".

    He's been on the talk-show circuit hawking "Boomerang" lately.
     
  14. EuroHorn

    EuroHorn 2,500+ Posts

    Did you come out of your bunker to re-stock the twinkies?
     
  15. A. BETTIK

    A. BETTIK 1,000+ Posts

    Makes you long for the good ole days when boom and bust didn't automatically green light centralized government to pollute the future with criminal levels of socialized debt and poof money.
     
  16. 2003TexasGrad

    2003TexasGrad Son of a Motherless Goat

    There was a time that when you engaged in a risky business and it failed, you failed. Now, you engage in risky business and the Fed, at the request of the government, bails you out, inflates the currency, and causes the general populace to suffer from less purchasing power.
     
  17. Bevo Incognito

    Bevo Incognito 5,000+ Posts


     
  18. l00p

    l00p 10,000+ Posts


     
  19. VYFan

    VYFan 2,500+ Posts

    The first of the film parts was informative and worth watching, but the last three all became glorifications of "workers unite!" events around the world, with an obvious political bias that enables people to act like two year olds if they feel justified in their anger.

    If someone from Mars came to see these videos, they would suppose the world was a completely different place than it really is.
     
  20. hornpharmd

    hornpharmd 5,000+ Posts

    I don't have time to watch this entire series. I did click on the link and am sifting through it a bit. Seems very similar to the Matt Damon narrated movie 'Inside Job'.

    Seems pretty clear Greenspan helped deregulate the US banking/financial system. The repeal of Glass-Steagall and then the ammendment in 04 to the Net Capital Rule both contributed most significantly to setting the stage for what happened over the last 5-10 years. Paulson is linked to the 04 rule.

    This occurred under Clinton and Bush and the Obama has allowed the affair to continue. But that is just in the US and this problem is global. The clip examines what happened in Iceland as does 'Inside Job'.
     

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