a linkedin view of the credit crisis

Post on 17-Oct-2014

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The credit crisis in your words...

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“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.

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