A LinkedIn view of the credit crisis
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17-Oct-2014 -
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Economy & Finance
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The credit crisis in your words...
Transcript of A LinkedIn view of the credit crisis
“It only affects people who have money – F@*! ‘em!...
Maybe now I’ll be able to buy a house.”
Will Hyams
Mechanisms
…stuff happens
…So that’s greed, but for crisis you need
FEAR
…sparks us into acting irrationally
…So Greed is there and Stuff has happened. Throw in some
But still…
you need a spark
So how did we let this happen?
Well it is just that simple:
We LETit happen.