Overdose - The Next Financial Crisis

Initiate
User avatar
Posts: 225
Joined: Mon Dec 27, 2010 8:40 pm

PostTue Nov 20, 2012 12:10 am » by Thellght



Upload to Disclose.tv




With the US raising their debt ceiling, are we in a global bail-out bubble that will eventually burst? This doc offers a fresh insight into the greatest economic crisis of our age: the one still awaiting us.

The financial storm that has rocked the world began brewing in the US when congress pushed the idea of home ownership for all, propping up those who couldn't make the down payments. When it all went wrong the government promised the biggest financial stimulus packages in history and gargantuan bailouts. But what crazed logic is that: propping up debt with more debt? "They're giving alcohol to a drunk: it just sets him up for a bigger hangover."
Facebook
https://facebook.com/IlluminatiTV
Youtube
https://youtube.com/illuminatiMediaTV

Initiate
User avatar
Posts: 385
Joined: Mon Apr 25, 2011 12:56 pm

PostTue Nov 20, 2012 2:36 pm » by Chillitiger


Good Video,

Gave me the clearest insight of the economy to date. More people should view it!
Yes i'll admit it.... I think Max Keiser is a LEGEND

Initiate
User avatar
Posts: 988
Joined: Mon Jan 31, 2011 11:39 pm

PostTue Nov 20, 2012 4:18 pm » by Middleman


Thellght wrote:
The financial storm that has rocked the world began brewing in the US when congress pushed the idea of home ownership for all, propping up those who couldn't make the down payments.


Deregulation and printing money non stop were the start of it. Then the banks over lent to anyone who wanted it, and the whole market was biting off more than it could chew, not just Fannie and Freddie.

This problem took bipartisan efforts for several decades to get where we are today, and blaming one relatively powerless section of the economy is letting off the banksters and politicians who truly made it happen.

Sorry for the rant. but it needed to be said.

Conspirator
User avatar
Posts: 2946
Joined: Mon Mar 15, 2010 7:23 pm
Location: The beach

PostTue Nov 20, 2012 5:15 pm » by Torofamily


Thellght wrote:


Upload to Disclose.tv




With the US raising their debt ceiling, are we in a global bail-out bubble that will eventually burst? This doc offers a fresh insight into the greatest economic crisis of our age: the one still awaiting us."



Outstanding, Outstanding, Outstanding find Thellght. Thank you for bringing it.
ImageWE ARE THE GLOBAL POLITICAL AWAKENING ! Image

Super Moderator
User avatar
Posts: 19292
Joined: Thu Jul 22, 2010 4:20 am
Location: underneath the circumstances

PostTue Nov 20, 2012 6:26 pm » by The57ironman


.



......great presentation....but nothing new...i was hoping for a solution


Upload to Disclose.tv

.

...sarcasm is the body's natural response to stupidity..


www.assholesamongus.com
.



  • Related topics
    Replies
    Views
    Last post
Visit Disclose.tv on Facebook