Commanders Post at The Warpath - View Single Post

joethiesmanfan · 08-28-2009, 08:31 AM

Financial crisis real simple. Markets value based on speculation. Ooops too many houses have been built we must fill them. Oops can't fill them. Housing prices decline. Oops one of the ten commandments of the free market religion has failesd us. Housing prices can decline. Geronimo I lost it all.

08-28-2009, 08:31 AM	#5
joethiesmanfan The Starter Join Date: Mar 2004 Posts: 1,163	Re: Post Mortem Financial Crisis Speech Financial crisis real simple. Markets value based on speculation. Ooops too many houses have been built we must fill them. Oops can't fill them. Housing prices decline. Oops one of the ten commandments of the free market religion has failesd us. Housing prices can decline. Geronimo I lost it all.