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Forum nameOff-Topic Lounge
Topic subjectThe Housing Crisis
Topic URLhttp://www.pcqanda.com/dc/dcboard.php?az=show_topic&forum=4&topic_id=162283
162283, The Housing Crisis
Posted by 81 Newbee, Wed Dec-10-08 02:10 AM
If anyone has trouble understanding what happened this skit does a good job of highlighting how it went down !.


<http://www.youtube.com/watch?v=bNmcf4Y3lGM> .

While there take a peek at some of the other skits !
162294, RE: The Housing Crisis
Posted by mike j, Wed Dec-10-08 04:26 AM
Funny, but this is more accurate.

http://video.google.com/videoplay?docid=-9050474362583451279&ei=jlE_SbTmGoXE-wHm9NmrCQ&q=debt+as+money&hl=en

I think the banks lost faith in their own lending standards, then each other, then everyone else.
162296, RE: The Housing Crisis
Posted by Ethan, Wed Dec-10-08 04:29 AM
Do you seriously think that someone will sit for 48 minutes in this now world?

Ethan
162299, RE: The Housing Crisis
Posted by mike j, Wed Dec-10-08 05:22 AM
:7 :7 Not sure about other people, but I'm realy trying to figure out what's been happening. I've watched this twice, it simplifies things to where I'm almost close to maybe seeing a dim flickering lite.:P
162318, RE: The Housing Crisis
Posted by Shelly, Wed Dec-10-08 03:30 PM
I suggest you, and everyone take the time to watch it. I certainly found it enlightening, and while I don't yet understand all the ramifications of any possible solution, it has caused me to think about a problem I was not totally aware of. World economic collapse is inevitable, and built into our monetary system.
162378, RE: The Housing Crisis
Posted by flmcg, Fri Dec-12-08 01:10 AM
While I find your link interesting and provocative, I have some serious reservations about the accuracy of it. The producer of the video is a graphic artist and NOT an economist. Neither is he a historian. He's just a guy with an opinion. Further, I think he is a guy with an agenda. There is a strong whiff of conspiracy mentality in his film, with more than one reference to "world bankers" and the "Trilateral Commission." There is also the slight stench of anti-Semitism. In all, I don't think this is a film worthy of serious academic consideration. Take it with a VERY large grain of salt.
162379, RE: The Housing Crisis
Posted by Mize, Fri Dec-12-08 01:49 AM
That video is an eye opener.
162295, RE: The Housing Crisis
Posted by Ethan, Wed Dec-10-08 04:27 AM
I didn't like the degradation of the profession of dog grooming.


Ethan