Understand the Financial Crisis in 10 Minutes

Nov 13, 2008 16:47

Peter Schiff spoke of the coming collapse of the housing, mortgage, and credit markets over two years ago and was literally laughed at. None of them are laughing now. If you want to understand why we're here you'll watch this video and think about his points.

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Main lesson, you can grow the economy with savings (Austrian School) or debt (Keyensians ( Read more... )

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bmwdevchandler2 November 15 2008, 03:59:14 UTC
Thanks for posting this, I was interested in watching it after we talked about it. Also it WAS the Hives

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rusirious13 November 15 2008, 12:02:22 UTC
Where the deuce are you? Larry and Erin are stuck in Rome and I have hear nary a word from you!

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bmwdevchandler2 November 15 2008, 18:01:46 UTC
Im home...I sent you message from facebook because my phone apparently got used up pretty faced tryin to search for signales when there was no service

Larry and Erin are stuck in rome? What????

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rusirious13 November 24 2008, 14:14:55 UTC
Basically, anywhere that says my money is my money no matter what is good with me.

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