Quote:
Originally Posted by Schneed10
Agreed, we had years and years of various factors leading up to this.
I blame the lack of savings and growing consumerism amongst the general populace, more than anything. In the 90s and 00s, Americans just decided they didn't need to save money anymore.
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Agree with the lack of saving's / use of credit cards , ect. Also , Goldman Sacks , Washington Mutual selling assets , then driving up the " value " , only to short them ... some of these bums should be in jail .