The Real Cause of the Global Economic Crisis
Created on: November 16th, 2008
If I haven't been around much lately it's because I've been spending most of my time trying to not lose my job. Also playing Fallout 3.
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God... I want to 5 this. It's so well-made. But my brain just won't let me... because pointing a ray gun at the Earth to cause a stock market crash just doesn't make ANY sense. (And not in the hilarious "lolwut?" way of sites like f*ckjustinchatwin.ytmnd.com) Still, nice job. The lightning bolt graph was awesome.
Not to get into a big economic debate with you, but of all days to claim that the repeal of Glass-Steagall wasn't a bad thing, today is not the day. Citibank wouldn't have needed bailing out today if not for the repeal of the act, which allowed the company to merge their consumer and investment branches under the banner of Citigroup and therefore exposed their consumer banks to risks incurred by its investment branch. Still, I'm glad someone at someone else on ytmnd knows what the hell Glass-Steagall is...
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