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TopicPolitics Containment Topic 210: HQ of the War on Christmas
Metal_DK
12/23/18 1:38:05 PM
#216:


A lot of things did.

Subprime loans (especially those with adjustable rate mortgages) fucked things up real quick.

Alan Greenspan (by far the biggest contributor to the crash on the government side of things) not being able to explain what a credit default swap was showed his fucking ignorance

Ratings agencies literally lying to the public

"Housing never goes down" mentality by investors

The exponential amount of money invested on people investing on housing (the big short scene with selena gomez explains this part perfectly)
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