Global Financial Crisis Explained for Dummies

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1. Thanks!!! Saved my life!
2. I wish people would speak in VERY simple English when explaining things like this. Even videos that claim they're for "dummies" are confusing to me. Call me an idiot, I am one, but I still want to understand.
3. Anyone here after watching the big short?
4. That was a great lesson! Thank you for taking the time creating this video! :-)
   Moral of story "A little greed is o.k." as they say in Poor D Rich D, but have too
   much greed and all you are left with - is just the greed.
5. İt explain openly how stole People's Money.İnfected You are gonna live with own money.They are rich cuz People did give money to them who people in loovee to the World. İnterest is one of the Biggest Sin for World.
6. So the question is, does anyone gets any profit from such actions? what about those big time capitalist/banker like morgan and the rothschild? Did they suffer the loss too or gain profit?
7. thank you so much. it helps a lot :)
8. good one
9. Bullshit... The greed of capitalists did this... case closed...
10. Excuse me would you mind making another video lowering the level of dumbness? I still dont understand it
11. Good Work :)
12. The price of money, it ain't free, people don't do shit for free, and guess what that includes all that shit you bought on credit. A Ponzi scheme sanctioned by the government.
13. What is not mentioned is that democrats pushed subprime mortgage: Barney Frank and Chris Dod(sp?) are the villains here.. Fannie May and Freddy Mac. were pivotal. Real banks were pressured , by Gov't, to allow subprime. If the gov't had not pushed subprime on to financial markets. The collateral debt would've be sound. Then Standard and Poors(sp?) giving much higher ratings than they deserve. It was the French who questioned 'how do we piece these assets?' Then banks say a bubble and road it.
14. Mortgages monthly payments disappeared with the defaults. No One got the money. After the bubble burst, the DEFAULTED subprime loans were worthless. The money was stuck in the HOUSES equity that financed the SubPrime loans. Also, housing prices fell adding another financial bust to the system. Even more money was trapped in the equity of the houses, No one got the money. As housing prices fell , the equity was destroyed .The financial crisis,and the falling housing prices destroyed the money
15. so wheres or who is getting all the money???????
16. I smoke and I find this offensive.
17. yes sir. most of the people are losing their money in penny stocks without much guidance. i am telling you, my father making lots from penny stocks with the help of these professionals. rush it here ==> bit.ly/17AQ9Vl?=cgxnhg
18. Awesome!!! 
19. Thanks so much for conveying this to me in layperson's terms. 
20. That's the spirit