YES - blame the peasants - they are always responsible
The same people who you dont report on....
Those that are responsible must pay in all ways possible.
You can blame the banks or investment firms, but how the government allowed this to happen and there response was arguably worse.
The lending institutions (banks) πΊπΈ lending policy. To Big to fail concept. Greed....
Who was to blame for the Jimmy Saville cover up πππ
Poor Chuck
Why does everyone have DISCOLOURED NOSES???
Responsibility: A) Home owners borrowing more than they can afford. Personal responsibility. B) Bankers- negligence in their lending practices. C) Central Bank - keeping interest rates artificially low too long and distorting the financial markets.
In the UK it was as much the politicians as banksters. Labour came to power on a ticket of "no more boom and bust" yet failed for 13 years to restrain the banks. After 10 years there has been no recovery and an disaster is taking place in retail.
So...erm...did this video have a click bait title question which it then completely failed to answer meaningfully?
Bank is such a cheater
Govt and central bank Lowering the loan interest rate and no good inspection of securities (subprime security) lead to the result
People like "Chuck", really?
It's all about people who want a lifestyle that they can't afford, borrowing for shopping, new car and expensive house. People need to life within their means and if that ever happens (which I doubt) financial crisis would be something of the past.
People that hoard millions of dollars more than they will ever need in their lifetime, who the hell needs 200billion dollars?
BBC has done exactly no journalism to identify any indevidual responsibility. What is the point of the BBC?
Alan Greenspan, Angelo Mozilo and Fannie Mae and Freddie Mac. You're welcome.
The human greed. It meens us. All of us.
@zadinal