The Credit Crisis Visualized

Onkel Neal · 02-20-09, 11:45 PM

Haha, at 7:22 the subprime borrowers show up, chain smoking with whiskey bottles and 4X kids!

GoldenRivet · 02-21-09, 09:53 AM

a well done production which shows the problem exactly as it is.

The fed should have a minimum interest rate that they cant go below 4% for example.

it would be nice if the bank had the same (or similar) interest rate on MY money as they do on THEIRS as well.

I have seen savings account interest rates as low as 1.9% and lower

If you think about it... you're investing your money into the bank.

borrow THEIR money on the other hand... 7%... 8% interest or higher depending on your risk.

funny. those bankers and brokers are not nearly as smart as they like to think they are

02-20-09, 11:45 PM	#1
Onkel Neal Born to Run Silent Join Date: Jan 1997 Location: Cougar Trap, Texas Posts: 21,385 Downloads: 541 Uploads: 224	Haha, at 7:22 the subprime borrowers show up, chain smoking with whiskey bottles and 4X kids! __________________ SUBSIM - 26 Years on the Web

02-21-09, 09:53 AM	#2
GoldenRivet Subsim Aviator Join Date: Mar 2007 Location: Texas Posts: 8,726 Downloads: 146 Uploads: 0	a well done production which shows the problem exactly as it is. The fed should have a minimum interest rate that they cant go below 4% for example. it would be nice if the bank had the same (or similar) interest rate on MY money as they do on THEIRS as well. I have seen savings account interest rates as low as 1.9% and lower If you think about it... you're investing your money into the bank. borrow THEIR money on the other hand... 7%... 8% interest or higher depending on your risk. funny. those bankers and brokers are not nearly as smart as they like to think they are __________________

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