President Obama gets credit for it! Trump will crash the stock market - he just deregulated banks (Bush crashed it too).
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... and the regulation introduced to stop it happening again is quietly being removed and watered down.
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So many lives destroyed during Subprime Debacle? Yet Republicans with short memories just had a bright idea ... to destroy Dodd Frank!
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Wonderful on Wall Street? Just wait until de-regulation, greed & scams kick in. We can repeat crash of 2008. Derivatives 2.0!!
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If a government is ever 'forced' into taking on equity risk, its taxpayers deserve the equity upside that goes with it.
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Wall Street learned nothing. The Big Lie of the 'Rational' Market, though driven by completely irrational and irresponsible humans.
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Mr. Trump is undoing it in broad day light, his supporters & deplorables are applauding. A cabal of ignoranti.
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So when's the next crash Didn't learn enough from the last one
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@OddoneGabriel gracias Ben!!Thanks. Twitter will use this to make your timeline better. UndoUndo
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And it will happen again. There is an unlimited supply of idiots who will buy what they can't afford and slime to loan them money.
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From the Scandals of the 80's to the crash of '08..you've learned nothing
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ask them about defaults now and massive credit ease happening. Gearing up for another massive fail. Really sad.
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and yet the steps that were taken to fix it are being rolled back by Congress.
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Subprime auto is the next bubble to burst. Student loans also except those are owned by the US Govt.
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cept our national debt has doubled and college grads are carrying ungodly student loan balances and increasingly defaulting.
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