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The Reason Why The Sub-Prime Mess and U.S Credit Problems Happened - Documentary

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In light of the current market turmoil that is happening, mainly due to sub-prime credit problems that hit the financial companies which in turn took everything else down with it, I thought I would share this documentary that I found online.

Strangely this hour long documentary was made prior to when the media started really covering this whole sub-prime credit / loan issue. There are a lot of people out there who knew that this was coming.

Lots of banks and financial companies have been reporting huge losses lately, and there may be more to come.

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Are You Maxed Out

 

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This entry was posted on Wednesday, March 12th, 2008 at 12:00 pm and is filed under Personal Finance, Debt Management, Money, Videos. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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5 Responses to “The Reason Why The Sub-Prime Mess and U.S Credit Problems Happened - Documentary”

  1. MoneyAccumulator.com » Blog Archive » U.S Stock Market Hammered - Dow Loses 500 Points - Worst Slide Since September 2001 Says:
    September 15th, 2008 at 7:53 pm

    […] I’ve been out of the market since March 2008 and for a good reason. The subprime financial mess has far and wide reaching ripples effects which is now causing more and more problems for the financial markets. […]

  2. MoneyAccumulator.com » Blog Archive » Recent Reports Show Canada Has The World’s Soundest Banking System Says:
    November 11th, 2008 at 7:33 pm

    […] Click here to see “Maxed Out” the documentary to see what happened in the United States to their financial system. […]

  3. MoneyAccumulator.com » Blog Archive » The Crazy U.S Economy and Stock Market Says:
    September 8th, 2009 at 9:07 pm

    […] 3.Did you know that this whole financial mess was the doing of the exact same finance companies and banks that is now needing the help. This was basically, a result of greed, watch the documentary “Maxed Out”. […]

  4. MoneyAccumulator.com » Blog Archive » Debt Equals Slavery , Modern Day Shackles Says:
    March 11th, 2010 at 9:05 pm

    […] Watch “Maxed Out” documentary see how banks push debt. […]

  5. MoneyAccumulator.com » Blog Archive » U.S Government Doesn’t Intend To Pay Off Debt and Devaluing U.S Dollar Says:
    November 14th, 2010 at 2:21 pm

    […] 1. Maxed Out 2. Capitalism: A Love Story […]