Re:Time to Reboot America
by nazgulnarsil on Wednesday December 24, 2008 @02:59PM
(#409083)
stop blaming greed. greed is universal. you think the baby boomers invented greed?
the problem was INCENTIVES. The federal reserve pumped up the money supply starting in 1995, then when the bubble popped in 2000 they pumped up the housing market in order to disguise the true severity of the crash. In an environment of practically free money you'd be an idiot NOT to grab your piece.
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