30 Dec 2020 1:32 pm
Basically the 2008 crash was a conspiracy from large banks to consolidate their power and eat up smaller banks.Zeets2 » 30 Dec 2020, 12:05 pm » wrote: ↑ Not true. We were in a typical, cyclical recession in 2008 which would have lasted the average length of time (11 months) as any other recession. All that happened when McCain suspended his campaign was an opportunity for a photo-op of a political decision that the McCain campaign made to try to show the world how much he cared about the country and gain votes by doing so. He intended to show the country how he could rise above the election campaign to instead work toward resolving the minor crisis of a bank closure. He failed miserably in that grandstanding attempt.
There was NO "collapse" of the economy until AFTER Obama was elected in November. Not only that, there wasn't a single reference anywhere to the country being in a "great recession" PRIOR to that election!
Are you seriously trying to add your "expertise" in economics or business ownership to your minimal knowledge of spelling, punctuation, reading comprehension, and history? That's an awfully long list of ignorance, don't you think?