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Who was behind the 2008 financial crisis?
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Banks and Investors.
And **then** the government made it 10x worse by bailing out banks. Repeat after me:
*Capitalism only works if you let winners win, losers fail.*
The government should let banks topple, one by one, until only half of them are still standing. Only then, maybe step in. Bail out the citizens if you have to.
The too big to fail banks they pushed people into homes they couldn’t afford and once the whole scram blew up the banks got bailed out and everyone else was left paying for it.
The lesson is that banks never ever lose, look at Wells Fargo they committed fraud on so
many levels you can’t even count all the ways they screwed people over and they are still in business.
Bad system with dumb users
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Greed and rating agencies?
Edit: also how is this yolo and not meme
Me, it was me
Non Other than corrupt system and the dump users . Also credit goes to Lehman Brothers, Richard “Dick” Fuld’s name was synonymous with the financial crisis.
No one
People with money
Barney Frank & Chris Dodd, saying “I’m willing to take the risk.”