Wednesday, November 9, 2011

The real cause of the financial crisis!!!

Without moneyImage by Toban Black via Flickr
I really loved this article. 

It's amazing to me that so many people believe that the whole crisis was caused by government making banks lend to people of color.  The whole idea of it is staggering to me.  So simple.  So racist.  So easily proven wrong!

World map showing countries by nominal GDP per...Image via Wikipedia
The above article gives about 12 factors that contributed to the financial crisis.  If you can't easily come up with some of the causes, I suggest reading it.  They are very easy to understand without having to be a banker.  :)
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