2 Forum Posts by "Comdot"
Response to: The Credit Crunch = Conspiracy
Posted November 25th, 2008 in Politics
At 11/24/08 06:42 PM, JudgeDredd wrote: ......
yeah, that kinda stuff ;)
Response to: The Credit Crunch = Conspiracy
Posted November 24th, 2008 in Politics
At 10/9/07 04:49 PM, Mr-Money wrote: OK, if you don't know what the credit crunch is, here's a summary. Banks from about 10 years ago started lending out mortgages to poor people. I'm talking mortgages up to 10 times the yearly salary. Obviously it's become clear that these people are never going to pay it off, so the lending companies are going downhill, and the people are getting kicked out of their houses. This obviously leads to a huge downward spiralling effect on the US economy. Since all other world economies are tied to the US's, everyone goes down.
[etc]
sorry to bump up an old thread but...
well done, you have made #1 in google for 'credit crunch conspiracy' even without the quotes.
(#1 here in the uk (google.co.uk) at least)
you make a good point. well done for coming about it back when you did.
it is interesting that there is a lot of stuff on CCC (credit crunch conspiracy) that isn't the usual complete and utter psycho-babble.
i only started googling for credit crunch conspiracy because i started having my own suspicions.
if you read half of the top 20 list in google for credit crunch conspiracy then there is some good, sensible, thoughtful stuff.
i am not going to say i am sure it is a conspiracy, but i am very suspicious of it.
