When Historians look back at the Second Great Depression of 2009->2019 they will conclude it was caused by one thing...
BANKS GAVE LOANS TO PEOPLE WITH NO DOWN PAYMENT AND BAD CREDIT, WHO HAD ALREADY PROVEN THEY WOULD NOT PAY BACK DEBT!!!
That is how it all started, the global great depression, civil unrest, and unraveling of the world financial system was all because greedy idiots thought this was a smart idea. Let this always be remembered.
Sunday, February 22, 2009
The Cause of The Second Great Depression
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