Banks are the engine of growth, but inhibit stabilization of the poorer classes
Obama had the feds back stop losses for home owners in 2008…equity banks illegally foreclosured on 5 million home owners and took the govt money…that was to protect the home owners
Appreciate the detailed breakdown! Just a quick off-topic question: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?
What is your opinion on Bank of America buying out countrywide. It did not make any fiscal sense to me. I’m not knowledgeable enough to make an accusation. From a lay perspective, if feels like industry people protecting their friends.
What do you think about the big short? I remember watching it in high school AP econ class and while I don't seem set to go into finance myself, im curious what someone like yourself thinks about it
Funny how corporate socialism is fine and OK (bank bailouts paid by all Americans), but when it comes to education and healthcare for the average person, no way. Worst, after getting these billions from every tax payer, the government (“representing” the people) didn’t even ask or make sure the ones that caused the financial meltdown didn’t enrich themselves with the people’s money (for bailing them out)!
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Banks are the engine of growth, but inhibit stabilization of the poorer classes
Obama had the feds back stop losses for home owners in 2008…equity banks illegally foreclosured on 5 million home owners and took the govt money…that was to protect the home owners
Dumb Movie is a better representation of stock market..
socialism for the rich
capitalism for the poor
Indeed, it is the best movie in this genre.
Or we could have Nationalized the banks so they couldn't have paid these bonuses. There were other options.
Appreciate the detailed breakdown! Just a quick off-topic question: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?
What is your opinion on Bank of America buying out countrywide. It did not make any fiscal sense to me. I’m not knowledgeable enough to make an accusation. From a lay perspective, if feels like industry people protecting their friends.
No offense, I worked on Wall Street for 3 years. Nobody Cares, they all want to get rich and get out. Just like you.
Why can’t banks fail? How is it immoral to not let ttt get ‘em fail?
What do you think about the big short? I remember watching it in high school AP econ class and while I don't seem set to go into finance myself, im curious what someone like yourself thinks about it
Funny how corporate socialism is fine and OK (bank bailouts paid by all Americans), but when it comes to education and healthcare for the average person, no way. Worst, after getting these billions from every tax payer, the government (“representing” the people) didn’t even ask or make sure the ones that caused the financial meltdown didn’t enrich themselves with the people’s money (for bailing them out)!
I gotta check this movie out after you recommend it!!
Thank you ❤