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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.
Are You Maxed Out?
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[...] 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. [...]
[...] Click here to see “Maxed Out” the documentary to see what happened in the United States to their financial system. [...]
[...] 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”. [...]
[...] Watch “Maxed Out” documentary see how banks push debt. [...]
[...] 1. Maxed Out 2. Capitalism: A Love Story [...]