You Either Want a King or You Don't

04 Aug 2020 15:20 #21 by homeagain

Pony Soldier wrote: The last I checked, Barney Frank was a democrat. Bush and his admin were practically democrats. If you don’t know the history, don’t comment.


Let's just do some research....see my link for the lessons that were NOT learned...AGAIN, no one had
a clue of the catastrophic collision about to take place....

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04 Aug 2020 16:05 #22 by Pony Soldier

homeagain wrote:

Blazer Bob wrote: The left rewrites history almost faster than it is actually happening.


irle.berkeley.edu/what-really-caused-the-great-recession/

HERE'S EXACTLY WHAT HAPPENED.....let's make sure ALL of the players are present for their
performances,.....NOTICE that Trump is mentioned in the latter part of the piece....NOT LOOKING GOOD
for a present day scenario...:dominos:


Fascinating article that completely glosses over why the banks were able to invest in such high risk - high return securities. "They were greedy" doesn't cut it. For an academic paper, its trash. Try safe harbor rules...

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05 Aug 2020 11:25 #23 by homeagain

Pony Soldier wrote:

homeagain wrote:

Blazer Bob wrote: The left rewrites history almost faster than it is actually happening.


irle.berkeley.edu/what-really-caused-the-great-recession/

HERE'S EXACTLY WHAT HAPPENED.....let's make sure ALL of the players are present for their
performances,.....NOTICE that Trump is mentioned in the latter part of the piece....NOT LOOKING GOOD
for a present day scenario...:dominos:


Fascinating article that completely glosses over why the banks were able to invest in such high risk - high return securities. "They were greedy" doesn't cut it. For an academic paper, its trash. Try safe harbor rules...


AGAIN....let's take a look at research....DERIVATIVES

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06 Aug 2020 07:18 #24 by homeagain
AGAIN, derivatives were a deciding factor in HOW this went down.....

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06 Aug 2020 08:54 #25 by Pony Soldier
I learned a long time ago not to continue to argue with someone whose mind is made up.

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06 Aug 2020 08:56 #26 by HEARTLESS
Or like a sprung trap, already closed.

The silent majority will be silent no more.

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06 Aug 2020 09:55 #27 by homeagain
NOT JMO.....do the research,part of the equation involved parlaying this financial position. But, it's ALL
GOOD...did we learn the lesson? Time will tell in today's economy, the fragility is quite apparent.

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