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Old 02-06-2010, 04:40 PM
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Default Subprime Issues

I actually looked around on youtube the other day, and found this:

http://www.youtube.com/watch?v=HkD2JO0ZgRM

Is this how the banks have been creating the debt bubble? So I'm assuming that they've overleveraged, which caused them to get into trouble.
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Old 02-06-2010, 06:56 PM
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Default Re: Subprime Issues

Quote:
Originally Posted by Kenny_C.002 View Post
I actually looked around on youtube the other day, and found this:

http://www.youtube.com/watch?v=HkD2JO0ZgRM

Is this how the banks have been creating the debt bubble? So I'm assuming that they've overleveraged, which caused them to get into trouble.
Nice video, and it does seem to sum up all that has happened quite nicely. I just hope we can get out of this crisis soon.
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