Robert Kiyosaki Says 'We Are in Biggest Bubble in World History'

Do your own research. If you want to discuss economics intelligently without partisan bullshit, I'll be happy to do it.

Example? The 2008 mortgage crisis was the direct result of investment banks overleveraging crap mortgages. That this is EVER disputed is beyond me. But it is all the time. It was Carter, or Clinton, or Barney Frank, or Freddie and Fannie. Those viewpoints are ignorant.


Don't forget the CRA. It was the CRA that did it.

Yea...by extension Carter/Clinton, but they don't understand that.

They also don't understand that in 2000, BofA bragged that their CRA products were performing extremely well.
 
Don't forget the CRA. It was the CRA that did it.

Yea...by extension Carter/Clinton, but they don't understand that.

They also don't understand that in 2000, BofA bragged that their CRA products were performing extremely well.

If you are leveraged 30/1 and the collateral all of a sudden becomes worthless well.... it doesn't take a rocket scientist. All the partisan crap about 2008 was ridiculous.
 
Don't forget the CRA. It was the CRA that did it.

Yea...by extension Carter/Clinton, but they don't understand that.

They also don't understand that in 2000, BofA bragged that their CRA products were performing extremely well.

Oh heck yes. It was the Democrats fault for sure.
 
If you are leveraged 30/1 and the collateral all of a sudden becomes worthless well.... it doesn't take a rocket scientist. All the partisan crap about 2008 was ridiculous.
I'm sure we addressed that fully in those threads.

Fools quoting Hannity, as if it meant something in the real world.
 
I am starting to notice experts warning that this recession/depression will be a long one, many years, which I have been saying for some time.
 
Why are you getting aggravated? I am simply pointing out your record on economics and the economy through your own posts, that I have seen so far, have been completely incorrect.

In what way? I'm still waiting. You haven't mentioned a single thing. Because, well, you are a dumb fucking troll. Prove me wrong.
 
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