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Debt Settlement Strategies
Free Debt Settlement Strategies
27-Jun-2011
The Credit Crunch Explained
Category : Debt Settlement
I dont understand how the lenders loses. . . . once the people default dont the lenders just repo their houses. . . . which are still worth money. . . . they just have to wait awhile to resell them, or rent them out in the mean time.
Not as good as making money on the interest but still not a loss. What am i misssing here.
“It all started in the United States”
Bas****’s!
@spenningtor Hi there.
We make a lot of videos and animations that are used in internal communications.
It ranges from pensions to policy documents.
We have many clients in the UK and throughout the world we do animations for.
I think the labelling of risky borrowers is not entirely truthful. The book Merchants of Misery written in the mid 1990s by Michael Hudson pretty much explained sub-prime mortgages
search “The Crisis of Credit Visualized – HD” for a video that explains how it actually happened. . .
nice video, but i am amazed, how do you make this animation?
@londoncin strange channel is not avaliable. . . wonder who did that? :3
Hello thanks for this informative film. Have you done any other “finance simply explained” videos? like p. a. y. e and other things. Thanks once again
Thnx chronodarknesslord. You enlightened me sooooo much. You, just like the narrator of this video jump to conclusions without thinking straight!
You should justify why im “reasoning”.
Here is a killer quesrion for you. . .
How do you explain a crisi BEFORE there were mortgages? If you read anything worthwhile u will understand.
P. S im a fully qualified mortgage adviser for your information.
@londoncin acually hes right and your “reasoning” is misleading
Blames it all on sub prime borrowers. There are plenty of people with upside down mortgages that are stuck because they don’t want to screw up their credit and they’re middle class. Now the republibaggers want to screw them over if they’re in a union. That’s all we need is more people unemployed and unable to pay their mortgage.
This video is really bad and wrong!
It explains results of a crisis but it doesnt actually explain how a crisis occurs, or rather it blames it on “sub prime” lending!
Well, what about crisis’ in history, lets say in 1929? There was only a hand full of so called “subprime” borrowers, beside they werent called sub prime back then. So how did a crisis occur in 1929????
Karl Marx’s “das kapital” explains it all in better detail.
In short. Its called, “the internal contradictions of capital accum
i fucking hate learning about the credit crunch in school!
im doing a essay on it right now lol. . . . sucks!. .
@qwertynasigoreng thats why this country is mislead
@ericace801218 That is what hitler told his people too
@AroundSun
Also the FED banks looked to penalize smaller banks if they did not loan.
I’m considering the source, here.
You know, you guys are perfectly free to operate your own damn affairs without us if you’d like.
You just have to stop cashing our checks, homey.
30 Trillion to the Banks, 0 to the people.
Inflation to the people
Wealth to the banks
Forced Labor to the people
Vacations and Yachts to the bankers
The system seems a little off. . . I thought usury was illegal.
Thanks for the vid
@MultiHobbyist banks MUST be regulated – they are robbing us blind !!! Wake up !!!! They’re getting rich off YOUR money and then charging you interest for the privilege of using it !!! WAKE UP !!! Every American citizen past, future and present was sold into slavery in 1933. Your birth certificates, and the natiopnal parks and forests were all used as collateral on a bail-out loan from the Federal Reserve to the U. S. government. Go and ask Fort Know to show you your gold. It’s gone. UR broke.
Buy gold, people. Save yourselves and your families for when the shit *really* hits the fan. Inflation and devaluation is because the money is backed by nothing. The Fed are private gangsters who have a printing machine. That’s it! They lend the USA every dollar printed WITH INTEREST!!. Stop the madness, demand your congressman to repeal the Federal Reserve act of 1915 AND TAKE BACK CONTROL OF YOUR OWN MONEY !!
“credit crunch visualised” is also a good explanation
@ericace801218 No its the government making it desirable to be incompetent.
You forgot the part where congress mandated that they make these loans and gave them safety nets. You also forgot about the federal reserve causing all the inflation and government rewarding incompetent behavior.
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