y****t
发帖数: 10233 | |
m*********a
发帖数: 3299 | 2 It seems that the maker of the video knew little about this recession. I
give you a simple fact. The total market value of subprime mortgage in the
united state is $900 billions. But the total loss from this crisis exceeds
10 trillions. In logic even if all the houses bought by subprime buyer were
burned down to the ground, the total loss would be limited to small amounts,
less than 1 trillion. Why the discrepancy? it is greedy leverage of
subprime loans by wall streets. The mechanism is simple.
【在 y****t 的大作中提到】
: 就看哪些gullible enuf,被呼悠了.
|
w****k
发帖数: 6244 | 3 in a gamble
someone lose, there must be someone win
fuck them. the winner took the money,but we compensate the loser
were
amounts,
【在 m*********a 的大作中提到】
: It seems that the maker of the video knew little about this recession. I
: give you a simple fact. The total market value of subprime mortgage in the
: united state is $900 billions. But the total loss from this crisis exceeds
: 10 trillions. In logic even if all the houses bought by subprime buyer were
: burned down to the ground, the total loss would be limited to small amounts,
: less than 1 trillion. Why the discrepancy? it is greedy leverage of
: subprime loans by wall streets. The mechanism is simple.
|
m*********a
发帖数: 3299 | 4 It is simple to explain like buying fire insurance.
Usually you buy fire insurance for your own house. But you find that your 20
neighbors are reckless people. Your smartness tell you that your neigbour's
house have great chance to be burned down so you go ahead to buy fire
insurance for all your neighbors. Such practicee is allowed in Wall street
and called leverage. |
m*********a
发帖数: 3299 | 5 rich always becomes richer and poor becomes poorer. Not another way around.
This is the truth.
【在 w****k 的大作中提到】
: in a gamble
: someone lose, there must be someone win
: fuck them. the winner took the money,but we compensate the loser
:
: were
: amounts,
|
m*********a
发帖数: 3299 | 6 The scenarios will be grander. If you are able to set fire on your neigbors'
house legally, this is what Goldmans Sacks do. Sell subprime to investors
and in the meantime bet subprime will default by shorting.
20
's
【在 m*********a 的大作中提到】
: It is simple to explain like buying fire insurance.
: Usually you buy fire insurance for your own house. But you find that your 20
: neighbors are reckless people. Your smartness tell you that your neigbour's
: house have great chance to be burned down so you go ahead to buy fire
: insurance for all your neighbors. Such practicee is allowed in Wall street
: and called leverage.
|
y****t
发帖数: 10233 | 7 cut the crap.
if gse do not guarantee the loans, who gonna buy those mbs craps.
And how much money we gonna pay just to keep gse survive alone?
were
amounts,
【在 m*********a 的大作中提到】
: It seems that the maker of the video knew little about this recession. I
: give you a simple fact. The total market value of subprime mortgage in the
: united state is $900 billions. But the total loss from this crisis exceeds
: 10 trillions. In logic even if all the houses bought by subprime buyer were
: burned down to the ground, the total loss would be limited to small amounts,
: less than 1 trillion. Why the discrepancy? it is greedy leverage of
: subprime loans by wall streets. The mechanism is simple.
|
y****t
发帖数: 10233 | 8 if everything is not backed by united states government, who will ever be
doing this?
who bailout aig? the white glove of wall street?
it is the f*cking obama!
let them die, i say, let those suckers die! why should obama use our bloody
tax money to bail out those suckers?
neigbors'
【在 m*********a 的大作中提到】
: The scenarios will be grander. If you are able to set fire on your neigbors'
: house legally, this is what Goldmans Sacks do. Sell subprime to investors
: and in the meantime bet subprime will default by shorting.
:
: 20
: 's
|
m*********a
发帖数: 3299 | 9 But the system is intertwined in a way that one failure will cause the
failure of another, a domino effect. This is why politicians are rushing to
give out money when Bear Stein failed. When all major banks failed,
companies with large amounts loans exploded. We lose our jobs.
bloody
【在 y****t 的大作中提到】
: if everything is not backed by united states government, who will ever be
: doing this?
: who bailout aig? the white glove of wall street?
: it is the f*cking obama!
: let them die, i say, let those suckers die! why should obama use our bloody
: tax money to bail out those suckers?
:
: neigbors'
|
y****t
发帖数: 10233 | 10 but what is the culprit?
now, re-watch my signature educational video again, and try to come up a
correct answer for above question, see if you can pass this time.
lol...
to
【在 m*********a 的大作中提到】
: But the system is intertwined in a way that one failure will cause the
: failure of another, a domino effect. This is why politicians are rushing to
: give out money when Bear Stein failed. When all major banks failed,
: companies with large amounts loans exploded. We lose our jobs.
:
: bloody
|
N********n
发帖数: 8363 | 11
It takes two to dance, alright? No one forces you to participate in the 40X
gamble on the derivatives. That's your own decision. If you win, you
keep all the profit. But if you lose, tax payers have to pay it for you?
Typical liberals' behavior: Whenever failing to clean up their own acts
be it health care charge or personal financial abyss, shift it onto the
other tax payers and force them to shoulder the loss.
【在 m*********a 的大作中提到】
: But the system is intertwined in a way that one failure will cause the
: failure of another, a domino effect. This is why politicians are rushing to
: give out money when Bear Stein failed. When all major banks failed,
: companies with large amounts loans exploded. We lose our jobs.
:
: bloody
|
