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Credit Crunch

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For all of you wondering how we got in this mess...

You need to watch all 5 in the series. :thumbup:
Quite an education
Back in the days of Rome debt was written off every now and then. All debt was zeroed, and the whole thing started again.
Can you see anyone telling the bankers today, "You have just the cash in your vault, you owe no one anything, no one owes you anything."
Come the revolution the bankers get put up against the wall right after the lawyers.
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Back in the days of Rome debt was written off every now and then. All debt was zeroed, and the whole thing started again.
Can you see anyone telling the bankers today, "You have just the cash in your vault, you owe no one anything, no one owes you anything."
Come the revolution the bankers get put up against the wall right after the lawyers.

And they both come right after the politicians.. :evil2:
Im beginning to believe that this particular recession may actually change things, in particular because we dont really have the capacity to have an all out world war to reset everything like we did last time.
Imagine a world where lenders behaved responsibly and stopped the greed of individuals creating this situation.