Overdose: The Next Financial Crisis

[Marchello]

Overdose: The Next Financial Crisis

 

The storm that would rock the world, began brewing in the US when congress pushed the idea of home ownership for all, propping up those who couldn't make the down payments. The Market even coined a term, NINA loans: "No Income, No Assets, No Problem!" Enter FannieMae and FreddieMac, privately owned, government sponsored. "Want that vacation? Wanna buy some new clothes? Use your house as a piggie bank!" Why earn money to pay for your home when you can make money just living in it? With the government covering all losses, you'd have been a fool not to borrow.

 

Have you taken out a mortgage, invested capital or bought shares? If you have, likelihood is you lost out in the latest bust. Governments promised decisive action, the biggest financial stimulus packages in history, gargantuan bailouts: but what crazed logic is this, propping up debt with...more debt? This documentary brings an entirely fresh voice to the hottest topic of today.

 

Overdose - The Next Financial Crisis 1/3

 

http://www.youtube.com/watch?v=m6FNYvC4uyM

 

Overdose - The Next Financial Crisis 2/3

 

http://www.youtube.com/watch?v=9Jlt9lHVS8E&feature=related

 

Overdose - The Next Financial Crisis 3/3

 

http://www.youtube.com/watch?v=_17ck3Vti8A&feature=related

 

Or full video stream 45 minutes.. you tube

 

http://www.youtube.com/watch?v=4ECi6WJpbzE

 

Good trading wishes

[gelan2000]

very important share

many thanks ,,

[Torres96]

Couldnt believe in the way government handle the crisis. It's just a vigorous cycle

[hermanhess]

vicious cycle