Cheat Engine

[sbryzl]

"The government allowed it to happen"

Thanks for making my point.

Fannie and Freddie were just cogs in a giant corrupt machine. Pervasive greed and selfishness went unchecked. Loans were candy and wallstreet was pooping lollipops and licking them up. Low and middle income were targeted so it makes sense that fannie and freddie would get embroiled since that's who they help most.

[Antagonist]

Nice cognitive dissonance absolutely disregarding everything I said and focusing on one statement just so you can appear to be right.

I don't think you understand how businesses works. They're not here to save the world. They're there to make money and to keep the economy flowing. Especially with banking. It's a soulless business that necessary.

Stop trying to put moral responsibility on them. Because that's not their obligation.

If you want a big corporations that's all la-di-da save the world bullshit start your own corporation.

Basically if you don't know what's going on behind the scenes don't try to assume you know any better because these guys that run the economy are astronomical geniuses. And you assuming something you have 0 knowledge of is stupid.

Real estate like every industry is a cyclical business. There has been downturn worse than the crash in 2008. There was the 1990 S&L crash that made 2008 look like a joke.

Seriously. Read a book.

The one thing about the 2008 crash is that we recovered much weaker than any other downturn because of the government.

Basically everything the government touches they fuck up. Ex: manufacturing, coal, oil, etc.

We have the largest oil reserve in the world, much bigger than the Saudis and Russians. We are so rich.mwe have so much resources and wealth in this country. We just have stupid people not knowing how to use those resources.

Take a look at the picture below from a $350 class I took about the downturn to illustrate the downturns.


Last thing to answer your loans that were given like candy.

It wasn't the banks that lowered the standard to get a loan, it was the government.

If a poor guy with bad credit suddenly finds out he can get a loan and asks for a loan, the bank is morally obligated to give him a loan.

So who is greedy? The people that asked for the loans? Or the people that provided the loans?

Banks just do what they do. They're a business. They're not your fucking parents. People got loans anyways. Poor people saw other people got rich quick from buying real estate so the people got greedy and started applying for loans. The government allowed that to happen. Not the banks.

[sbryzl]

You keep repeatedly proving my point.

[Antagonist]

you have no point.

my point is you dont know what the fuck youre talking about and your basis is hurr durr corporations are greedy capitalism is bad omg my life is unfair. the rich are evil!!!!

what do you even do for a living?

>im a programmer
>i know about the markets
>i know more about the economy than people who do finance for a living

youre a joke. anybody with room temperature IQ can tell that youre full of shit trying to act like you know what's going on.

[sbryzl]

Your awful sure of yourself for a pile of hot steaming excrement.

[Antagonist]

[deleted19776]

[Antagonist]

I'm not a software engineer or a programmer. I'm a financial analyst so idk. I call them computer guys

[deleted19776]

[Antagonist]

[teeigeryuh]

[Nirojan]

i've had it with your shit. fuck outta here

[TheIndianGuy]

[Antagonist]

Lol okay dude sure thing, you got me idk what I'm talking about because I don't work in the industry and I just watch conspiracy theory videos on youtube