Rantings and tirades of a frustrated economist.
Great find, Captain.
JFC. It's utter rot, boys. Banks take risks. They safely store and handle money. They support your credit cards, your transactions and provide real services they SHOULD profit from.The movie places the blame for all this squarely on the banks. It totally ignores the contribution and culpability of the gov't and the individuals involved. FFS - buy a house you can afford. Practice minimalism and common sense. Don't sign a mortgage or a loan agreement unless you understand the terms and can repay it. Save your money and buy metals. Prepare. Victimhood in this day and age is a choice boys. Shit happens. Count on it and prepare for it. It isn't fair, it's life. Whether you enjoy it or not is directly proportional to your street smarts.
That's a good one. I've had a copy of the video on my hard drive for years. They did a good job of simplifying the concept and history.
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