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Learning, Sharing, and Teaching => Investor Alley => Topic started by: gluskap on August 22, 2016, 03:15:58 PM

Title: Credit Crisis?
Post by: gluskap on August 22, 2016, 03:15:58 PM
http://www.changetoamerica.com

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? 
Title: Re: Credit Crisis?
Post by: waltworks 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.

-W
Title: Re: Credit Crisis?
Post by: arebelspy 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" (http://forum.mrmoneymustache.com/antimustachian-wall-of-shame-and-comedy/confess-your-irrational-fears/) thread.  ;)