Quote:
Originally Posted by chelsea24
You're still not getting it SteveZ and I don't think you will get the Credit Crunch until it hits you or one of your family. No one's talking about "risky" loans. We're talking about Loans PERIOD! This is not "all about you". It's about our country and the liquidity of it. You'll see.
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I do "get it," and I know a con when I see one. This is about our country, and doing things without thought and one pure emotion, and that emotion being fear, is the biggest risk of all.
Where you get this "all about you" stuff mystifies me. "Liquidity" means nothing if it end in default. The financial market has had a wake-up call, and the grand pyramid scheme has reached its acme.
What really scares me is that people want to just throw money into the air and pray that those who made the mess will make it all better with no fix to the problem. Why is that?