It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
I have no doubt that the financial collapse of 08
was engineered,pre-planned and ongoing.
Originally posted by samkent
I have no doubt that the financial collapse of 08
was engineered,pre-planned and ongoing.
I think that might be a bit harsh. How about pre destined?
My take is: Since the population has essentially flat lined the economy should also. But that is not what the population and government spending is used to. So in an effort to artificially stimulate growth they offered home loans to lower and lower classes of people.
Until the government and the population can come to grips with zero growth, the pain will continue.
The repeal of the Glass–Steagall Act of 1933 effectively removed the separation that previously existed between Wall Street investment banks and depository banks and has been blamed by some for exacerbating the damage caused by the collapse of the subprime mortgage market that led to the Financial crisis of 2007–2010.[4]
Originally posted by nickoli
I have no doubt,that this was all part of an even bigger plan. I have no doubt that the financial collapse of 08
was engineered,pre-planned and ongoing.
The question is,what are we going to do about it? We certainly need to do something to put a stop to this and there are certainly ALOT of people who need to be jailed,now how do we do it? Thats the big question