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eric pebble

The Truth Behind The Housing Bubble

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The truth behind the housing bubble.

The documentary Inside Job by former MIT graduate Charles Ferguson ’89 explains the background of the global financial crisis. It features profound background research and several interviews with insiders of the financial world, academics and politicians. Matt Damon supported the documentary as narrator.

In 2007, the collapse of the so-called “housing bubble” caused massive problems within the United States banking system and triggered a global financial crisis. This event led to a globally plummeting stock market and several bank bailouts by the U.S. government.

It is the worst financial crisis since the Great Depression in the 1930s and has caused a loss of 30 million jobs worldwide according to International Monetary Fund director Dominique Strauss-Kahn. The unimaginable gravity of this crisis is humorously expressed in full title of Charles Ferguson’s film, which is Inside Job: The Film That Cost Over $20,000,000,000,000 to Make.

http://tech.mit.edu/V130/N56/insidejob.html

Guys - This film is a MUST SEE when it comes here to the UK.....

EXCELLENT review here: - http://www.huffingtonpost.com/charles-h-green/the-best-movie-you-havent_b_786599.html

OK - more here: Watch the trailer: A must see. http://www.sonyclassics.com/insidejob/

Read:

http://www.planetblacksburg.com/2010/12/review-inside-job.php

Edited by eric pebble

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Guys - This film is a MUST SEE when it comes here to the UK.....

The movie is about recession so I doubt it will be shown in the UK.

UK's house prices remain in the bubble, very few people lost jobs and all Brits love their banks as they need banks to support thr recovereh!! :ph34r:

(of course I'll watch it!)

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Yep but aren't you glad there are people like him?

Oh yes, I am very glad that there are people like him.

Whilst I had a little jest at his expense, I know the value of people like him. He clearly points out that a massive theft has occurred against the people of the UK and other countries. Banks have been subject to control frauds that have led to massive bubbles, pricing most of the younger generation out of property, and putting millions on the brink of repossession due to the crazy amounts they feel that they have had to shell out to get a home.

The cruel reality for those hoping to buy, waiting for the market to crash, is that want, reasonably priced housing, will only be achieved through rising defaults, bankruptcies and repossession. "Woe to the Vanquished".

And yet the vanquished will be ordinary people, subject to human frailties, who have been swept up and along by this massive fraud, and they will ultimately pay the heaviest price for the crimes of others.

Eric Pebble is to be admired for his stance against the original crimes. Just hope he has a sense of humour too.

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What you see is what you get with Eric.

Eric uses beautifully the word LIAR to describe those who lie to get mortgages.

Why can't the media use such simple, direct words to describe most those money-related things that are taking place around us?

For most of the time the world is not complicated. We either earn our living or steal from others.

The funny thing is that deep down inside each one of us knows whether their job involves robbing people or not.

Each one of us knows instinctively knows when we're grossly overpaid.

The bankers know it too and yet they still want more money (greed).

That's becuase sadly they don't know any better as big money is the last thing you need to be happy in life. Most of them, despite their wealth are very miserable.

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It's no good - I can't get the text to fit.

wlbrqf.jpg

Brilliant. I can wear that under my shirt and when a suspected Mumsnetting colleague spouts 'house prices only go up' nonsense and talks about buying a £765,000 one bed house in Clapham (Balham), I can rip open my shirt, superman style and laugh. To myself.

God I'm tired of waiting...

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The truth behind the housing bubble.

The documentary Inside Job by former MIT graduate Charles Ferguson '89 explains the background of the global financial crisis. It features profound background research and several interviews with insiders of the financial world, academics and politicians. Matt Damon supported the documentary as narrator.

In 2007, the collapse of the so-called "housing bubble" caused massive problems within the United States banking system and triggered a global financial crisis. This event led to a globally plummeting stock market and several bank bailouts by the U.S. government.

It is the worst financial crisis since the Great Depression in the 1930s and has caused a loss of 30 million jobs worldwide according to International Monetary Fund director Dominique Strauss-Kahn. The unimaginable gravity of this crisis is humorously expressed in full title of Charles Ferguson's film, which is Inside Job: The Film That Cost Over $20,000,000,000,000 to Make.

http://tech.mit.edu/.../insidejob.html

Guys - This film is a MUST SEE when it comes here to the UK.....

EXCELLENT review here: - http://www.huffingto...t_b_786599.html

OK - more here: Watch the trailer: A must see. http://www.sonyclassics.com/insidejob/

Read:

http://www.planetbla...-inside-job.php

Thanks Eric. I have diarised accordingly.

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Eric uses beautifully the word LIAR to describe those who lie to get mortgages.

Why can't the media use such simple, direct words to describe most those money-related things that are taking place around us?

For most of the time the world is not complicated. We either earn our living or steal from others.

The funny thing is that deep down inside each one of us knows whether their job involves robbing people or not.

Each one of us knows instinctively knows when we're grossly overpaid.

The bankers know it too and yet they still want more money (greed).

That's becuase sadly they don't know any better as big money is the last thing you need to be happy in life. Most of them, despite their wealth are very miserable.

Thanks for that. ;)

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is it in 3D ?

its in WIDE boy Screen format.

I hear tickets are just about unaffordable...there is a shortage and the bankers are buying them all up with their super bonuserized leveraged loans.

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  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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