mastermind@lemm.ee to Programmer Humor@lemmy.ml · 1 year agoTruei.postimg.ccimagemessage-square109fedilinkarrow-up1884
arrow-up1884imageTruei.postimg.ccmastermind@lemm.ee to Programmer Humor@lemmy.ml · 1 year agomessage-square109fedilink
minus-squareOneCardboardBox@lemmy.sdf.orglinkfedilinkarrow-up3·edit-21 year ago You don’t have to trust banks to not shortsell the housing market with your own money (causing a recession for the entire world) The way I read this, it suggests that banks shorting the housing market with my deposits caused a global recession. You’re right about the ratings agencies (as far as I know, also from The Big Short), I was skipping over that for brevity.
The way I read this, it suggests that banks shorting the housing market with my deposits caused a global recession.
You’re right about the ratings agencies (as far as I know, also from The Big Short), I was skipping over that for brevity.