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This is like saying 2008 crash was because of the people defaulted on their mortgages, not because of the banks getting greedy and pushing bad loans that they k
by bgnn 2y ago
This is like saying 2008 crash was because of the people defaulted on their mortgages, not because of the banks getting greedy and pushing bad loans that they knew is not payable. Same stuff happened with German banks and Greece. One difference is that in this case the German banks sent their political muscle (the Troika) put a bullet in the knee-cap to extract the loan with interest. Now people need to work for 6 days a week. What a world.