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Jim43

Credit crisis visualized

9 posts in this topic

Whoever put that together did a nice job of visualizing the issue.

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If you are at work they may have a URL filter that block Youtube.

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That sums up housing for sure, I think it was more than that that put us where we are, but that was a huge piece of the pie.

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thats a pretty good video... i am double majoring in finance and accounting, got one yr left in college til i get my degree... its really too bad that some greedy people had to go screw things up for everybody...

if i had a dollar for every minute i spent in my finance and accounting classes this past year talking about this whole credit situation, i would be a millionaire...

pretty much the worst time in decades for a college grad to be entering the workforce... sweet

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That sums up housing for sure, I think it was more than that that put us where we are, but that was a huge piece of the pie.

Very true, then if you add to this record gas prices, maxed out credit cards, the price of goods and services is increasing faster than our incomes and America is pretty much tapped out. I also think a few people thought they were too smart to ever be wrong and here we are.

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