Jobs Numbers Revision "up to" 1 Million lower than reported

Not false.

So?
Are you serious? You don’t know how this happened? They were over leveraged, massively, because they were selling those instruments as fast as they could. When the loans failed they could not unload them. Bear Stearns failed, Lehman brothers failed. Because these investment banks were owned by consumer banks overnight lending froze. Good Gid you didn’t understand this? You really are this fucking stupid. I’ll be damned.
 
Are you serious? You don’t know how this happened?
How what happened?
They were over leveraged, massively, because they were selling those instruments as fast as they could.
Nope. They had no problem selling them.
When the loans failed they could not unload them.
You forget what caused the easy money...the Fed.
Bear Stearns failed, Lehman brothers failed.
So?
Because these investment banks were owned by consumer banks overnight lending froze.
AKA The Fed.
Good Gid you didn’t understand this? You really are this fucking stupid. I’ll be damned.
DON'T TRY TO BLAME YOUR ILLITERACY ON ME OR ANYBODY ELSE, SYBIL!
 
2018.....

boy-meets-world-laughing.gif
he's only shackled by what has been!
:magagrin:
 
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