Message from @irix
Discord ID: 500773917812588546
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
I believe that motivation played a responsibility in the events but it was not chief in what made '07 a crash.
A McDonald's frycook on minimum wage can surely afford a mansion in Beverly Hills
that's your opinion, imo they were equally responsible
this is a real person, not a shop
west virginia
state regulation was both a negative and positive in relation to the financial crash
mountain momma
Lol that looks scary tf
Stop posting that rubber thing
take me home
BECAUSE, regulation is a tool
its effects vary wildly based on who is using it and how it is used
has anything even happened yet?
condemning the tool because some retarded leftist got ahold if it is asinine
that's an indictment of clinton, not regulation itself, which is a useful and necessary tool to maintain our economy
Which is what I had stated - Clinton lead to '07.
clinton and the banks
This wouldn't have happened had we just implemented socialism
Someone took that and spun it into "regulation = crash."
then that person is wrong
or at least being extremely reductive