Author Topic: Credit Crisis?  (Read 1802 times)


  • Stubble
  • **
  • Posts: 169
  • Age: 44
  • Location: Los Angeles, CA
    • Money Savvy Mommy
Credit Crisis?
« on: August 22, 2016, 03:15:58 PM »

Ignore the fact that they are trying to peddle their subscription service and I apologize it's a very long 1 hour video.  And I'm not saying that it will quite be the doom and gloom that he is predicting.  However, I do agree that we are over leveraged as a country in terms of credit. If Congress hadn't agreed to the bank bail outs, I think what Bill Bonner predicted wouldn't be that crazy to imagine. 

What are people's thoughts on this? 


  • Walrus Stache
  • *******
  • Posts: 5658
Re: Credit Crisis?
« Reply #1 on: August 22, 2016, 07:32:47 PM »
I need to wash my brain out with soap now, and I didn't even watch the video.



  • Administrator
  • Senior Mustachian
  • *****
  • Posts: 28444
  • Age: -997
  • Location: Seattle, WA
Re: Credit Crisis?
« Reply #2 on: August 23, 2016, 04:46:35 AM »
What are people's thoughts on this?

My thoughts are that this is better suited to the "Confess Your Irrational Fears" thread.  ;)
I am a former teacher who accumulated a bunch of real estate, retired at 29, spent some time traveling the world full time and am now settled with three kids.
If you want to know more about me, this Business Insider profile tells the story pretty well.
I (rarely) blog at Check out the Now page to see what I'm up to currently.