Here's a doozy I saved for last. This is your president elect. What a guy right? What a fucking American (patriot) champ! ;-)
Quote:
Two years before the housing market collapsed in 2008 and millions of Americans lost their homes, Donald Trump said he was hoping for a crash.
"I sort of hope that happens because then people like me would go in and buy," Trump said in a 2006 audiobook from Trump University, answering a question about "gloomy predictions that the real estate market is heading for a spectacular crash."
"If there is a bubble burst, as they call it, you know you can make a lot of money," Trump said in the 2006 audio book, "How to Build a Fortune." "If you're in a good cash position -- which I'm in a good cash position today -- then people like me would go in and buy like crazy."
rose colored glasses now off.
Dude. Go watch the movie "The Big Short". Then you will understand what happened and why. Greedy Wall Street bankers lost a lot when the bubble burst. Smart individuals that saw the crash coming made a lot by selling short or buying distressed properties.
If you want to blame someone, blame it on Wall Street.
Got your Canadian Visa, yet?
Originally Posted by Oralist
Where is the doozy? Businessmen take advantage of opportunities when an opportunity presents itself. Thinck of all the other people than made fortunes during our "econonic correction." Stock prices were low, investors came in and bought undervalued stocks. When the market came back all of the sudden that $3 stock was worth $30.