Source link: http://archive.mises.org/14020/toxie-is-dead/
Toxie is Dead
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The Ludwig von Mises Institute
Tu Ne Cede Malis
Advancing the Scholarship of Liberty in the Tradition of the Austrian School
{ 12 comments }
A tombstone that reads “The Gold Standard” at 0:34.
Basically, it means whoever made this video just doesn’t get it.
oooh good catch.
hmmph. “toxie” never died, she just changed jobs and became a lobbyist at the white house and fed.
So I guess all “we” have to do is print enough money to pay off everyone’s mortgage? LOL
Man, the people at NPR are dicks.
Seriously.
There’s almost no positive contribution here. It’s all a bunch of drivel trying to find whom to blame for the housing bubble while also being judgmental on people who also fell for the housing bubble.
Self-serving garbage
in a derpy northern accent
Toxic assets aren’t dead. Last I heard, bankrupt governments were still selling 30-year bonds. :p
What about the dollar? That’s the most toxic asset of all.
Did anybody besides me think this post would be about the Toxic Avenger?
That’s what I first thought, too.
There’s nothing terribly wrong with the video, except that it’s incomplete. It doesn’t explain why there was a housing boom to start with, or why there were subprime mortgages. It doesn’t really explain how Toxie became a toxic asset.
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