Thank you for this comprehensive explanation. So how will the next financial crisis happen ?
@realestateguru87699 күн бұрын
In my opinion the next GFC is currently and has already been brewing. Banks have shown signs of stress. Just waiting for the cork to POP
@TlotlangKumalo9 күн бұрын
What would the catalyst be though market crashes need catalyst? I'm not denying it but markets need catalyst to fall otherwise the hysteria continues
@toprankintv91229 күн бұрын
@@TlotlangKumaloLast time it was banks like Leemhan selling regular ppl like me and you bullshxt
@toprankintv91229 күн бұрын
@@TlotlangKumalosame catalyst from last time….American Greed😂
@toprankintv91229 күн бұрын
@@TlotlangKumalomy first comment got deleted for some odd reason…reason was banks selling regular ppl bullshxt cdos and kept selling then even after there was a crack in the dam.
@jchastain7899 күн бұрын
Remember them banks from California that failed in 2023? Nobody brings that up, citizens banks, silicone Valley bank, signature bank, first republic banks....shut down
@Paochinblog5 күн бұрын
27:09 a deliberate act so Blackstone can pick up the pieces and the rest of the businesses. This is how Blackstone and Blackrock were born
@napoleon30264 күн бұрын
This a re upload?
@Danaadiong9 күн бұрын
When the star shines down
@kingpriapatius58329 күн бұрын
Richard J E W I S H Fuld.
@87stevan9 күн бұрын
1.12 million subscribers, but your videos barely get few 10'000s of views. What's going on Moconomy?
@annasheong86349 күн бұрын
Just loaded a couple of hours ago;)
@Reach_O_Grab9 күн бұрын
Which company used to own largest share at Lehman Brothers?😊
@LorenzoAOA9 күн бұрын
Which was it?
@WallaceRoseVincent8 күн бұрын
Probably Goldman Sachs
@LorenzoAOA8 күн бұрын
@@WallaceRoseVincent Sure? GS was a direct competitor to Lehman Brothers at the time
@tanler79538 күн бұрын
Canada was affected much less in 2008 primarily because Canadian banks controlled mortgage approvals. There's more emphasis on individualism in the US, less in Canada. American banks felt it was up to the individual to decide if they could afford a mortgage. It's not right or wrong. It's different cultural values. I don't blame the CEO of Lehman for his approach.
@Wontreplyeverdontbother6 күн бұрын
Oh it's wrong as hell People will lie all the time just like they did from 2005 to 2008 Lied about how much they made to get that house Lot of idiots lost their house And I bought them on the cheap 2008 was a great year for me and many others who got to scoop up these family homes on the cheap
@Holthyr5 күн бұрын
It just shows how either disillusioned or deceptive people are nowadays or how much worse society is becoming.
@guldenaydin99189 күн бұрын
Thank you..
@theknightjester6 күн бұрын
And the beginning of passing off financial failures onto the American people 😂 The sharper the suit, the wider the smile, the bigger the scam