tag:blogger.com,1999:blog-13164186.post560393527487635932..comments2024-01-27T19:26:32.604-05:00Comments on Bubble Meter: Did predatory lending cause the housing bubble?Davidhttp://www.blogger.com/profile/11169148764438565562noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-13164186.post-50507345907683244302010-01-09T13:41:07.945-05:002010-01-09T13:41:07.945-05:00Anonymous said...
"I was a daytrader back the...Anonymous said...<br /><i>"I was a daytrader back then"</i><br /><br />day trader = gambler<br />gambler = sucker<br /><br />There's a lot of research that says the more often people trade, the lower their average return.<br /><br /><i>This is all about wealth transference from America's powerful middle class, to the international central bankers who wish to recreate the global economic system, in order to ensure they retain their power for another 1,000 years. Read about the UN's Agenda 21, in detail.</i><br /><br />Central bankers don't make money off of bubbles. They earn government salaries.Jameshttps://www.blogger.com/profile/15243567377599238583noreply@blogger.comtag:blogger.com,1999:blog-13164186.post-61097665892976825242010-01-09T13:04:33.263-05:002010-01-09T13:04:33.263-05:00"it gives the lie both to those who blame Fan..."it gives the lie both to those who blame Fannie/Freddie/Community Reinvestment for the housing bubble"<br /><br />And those who seem not to notice that the bubble also happened in the UK, Ireland, Spain, etc. Were fannie & freddie responsible for that?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-88693781359133633902010-01-09T10:15:29.145-05:002010-01-09T10:15:29.145-05:00This reminds me of the dot-com bubble crash. I was...This reminds me of the dot-com bubble crash. I was a daytrader back then, sharing IRC forums with market makers. When the crash began, a handful of market makers came forth to reveal that they were directed to intentionally bid up the market over several months, in order to create a bubble trap. I believe some of them even wrote books afterward. This is all about wealth transference from America's powerful middle class, to the international central bankers who wish to recreate the global economic system, in order to ensure they retain their power for another 1,000 years. Read about the UN's Agenda 21, in detail. It covers all aspects of human life for the 21st century.Anonymousnoreply@blogger.com