Message from @Xenoframe
Discord ID: 500773237748137994
and now talk about the other half of the cause
The quoted portion is from TA's article: https://www.theatlantic.com/business/archive/2011/12/hey-barney-frank-the-government-did-cause-the-housing-crisis/249903/
Which article did you copy and paste this from @irix
oh lmao
nailed it
You can't even defend your own position without someone else doing it for you
Copy and paste what?
the fact that the banks in question were making risky foreign investments with the money they were supposed to be keeping for their clients
regulation solved this issue
<:ThinkStare:424813165671481345>
I used a quote by a prominent congressman to defend what I had stated
You can trace what I said, it was certainly not copied from any source.
nice appeal to authority
An appeal to experience, not authority.
no its authority
actually i promised you could argue with normie
dstryd
lul
But you could actually read what he said rather than crying 'authority' because a point was made.
lol
hes gone
<:ThinkStare:424813165671481345>
no it just speaks miles that you literally can't defend your own position without someone elses words
He got bopped
mord gay xddddddddddddddddddddddddddddddddddddddddddddddddd
Shut up centrist @Xenoframe
leave me alonee
nigga can't even decide what he believes
yes i can
I am a radical centrist
subprime mortgages caused a strain on the banks that they should have been able to handle, but they were unable to handle it because they were busy making high-risk foreign investments with the money they were keeping for their clients. this is now illegal because of government regulation
I will change my beliefs based off the current state of the Overton window to be as centrist as possible
The strain's excess and perpetual increase is what made it a factor of inability to handle.
the motivations of the free market were equally responsible for the financial crisis in 08, along with pressure from the federal govt in the form of the subprime loan mandate
What, you don't want McDonald's cooks to be able to pull out $750k loans @NormieCamo
what are you, a racist?
Lel
retarded democrat economics aside, the banks have just as much fault in that situation
country roads
you act like they won't be able to pay it back