LOL: and who guaranteed all these bad loans? Who guaranteed all the mortgages by the Law? The US Government and the FED. Are you really surprised that banks were approving nearly all mortgages when Government GUARANTEED…
And will you apply science to an angry mob burning US flags and killing because of a movie? You have so called "social sciences", but they are pretty much useless otherwise there would be someone paying them a lots of…
Social insurance in Germany was Bismarck's invention. Everybody paid. One in ten lived long enough to collect any benefits. Now you will have 30% of the society to cover living cost of the other 70%. They can vote for…
Europeans won't really have their pensions too. The same is about broken American SS system. But it is just so much easier to notice problems somewhere else. At least Chinese werent promised any pension so they save. Do…
In 1980s hundreds of banksters went to jail in loans&savings scandal. US went to the dogs: 1. Militarily: terrorism as tactics is just effective (especially cost-effective). US looks like it is trying to kill a fly…
A company without an idea sounds as bad as mortgage without a downpayment. I think that this will be quoted in the future to indicate when bubble became obvious. I mean, come on, how much money must be flying around…
LOL: and who guaranteed all these bad loans? Who guaranteed all the mortgages by the Law? The US Government and the FED. Are you really surprised that banks were approving nearly all mortgages when Government GUARANTEED…
And will you apply science to an angry mob burning US flags and killing because of a movie? You have so called "social sciences", but they are pretty much useless otherwise there would be someone paying them a lots of…
Social insurance in Germany was Bismarck's invention. Everybody paid. One in ten lived long enough to collect any benefits. Now you will have 30% of the society to cover living cost of the other 70%. They can vote for…
Europeans won't really have their pensions too. The same is about broken American SS system. But it is just so much easier to notice problems somewhere else. At least Chinese werent promised any pension so they save. Do…
In 1980s hundreds of banksters went to jail in loans&savings scandal. US went to the dogs: 1. Militarily: terrorism as tactics is just effective (especially cost-effective). US looks like it is trying to kill a fly…
A company without an idea sounds as bad as mortgage without a downpayment. I think that this will be quoted in the future to indicate when bubble became obvious. I mean, come on, how much money must be flying around…