palou said:
Most major banks were short on the american housing bubble. They told customers everything's going well, because highest profits can be made with people that have problems paying their debts.
And, in the end, the government bailed out most banks. In average, the whole situation was quite profitable. They were handing out billions upon billions in bonuses for years. |
Yes, because people would've lost their life savings if they weren't. We saw that with Lehman brothers. These people were stupid enough not to have foresight in what their actions would do, and unfortunently they got away with it. They were still idiots, and its why I do my best to avoid banks when I can. These people hardly have a goddamn in giving financial advice, and in the end we saw the consequences of that. Oh and BTW, most of Europe has insanely high youth unemployement, thanks in part to the great recession. So I guess they did win 
Made a bet with LipeJJ and HylianYoshi that the XB1 will reach 30 million before Wii U reaches 15 million. Loser has to get avatar picked by winner for 6 months (or if I lose, either 6 months avatar control for both Lipe and Hylian, or my patrick avatar comes back forever).
