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How Does The Credit Crisis Work? - Printable Version

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How Does The Credit Crisis Work? - ANTHONYD - 03-04-2009

A good 'dumbed down" explanation of this whole mess.





How Does The Credit Crisis Work? - Oscar The Grouch - 03-04-2009

That was awesome. Scary yet informative.

Makes sense to me now that the subprime BS should have never happened.


How Does The Credit Crisis Work? - imack - 03-04-2009

IMHO, the problem starts earlier on. People buying a house as an investment, rather than as a place to live is the root cause of the problem.


How Does The Credit Crisis Work? - ZTWsugardaddy - 03-04-2009

Peter Schiff was right.

http://www.youtube.com/watch?v=2I0QN-FYkpw




How Does The Credit Crisis Work? - NefCanuck - 03-04-2009

Yipes...

Makes me glad I put as much cash into buying my place as I did, no over leveraged BS for me :ph34r:

NefCanuck