Okay, that's cool. So it's all right. That's all right. In 2008, the funding worlds fiscal economy was blowing up at its core. It started here in the United States. The core reason why it started was because we had major delinquencies in residential, in a residential housing market, single family homes. And we had a bunch of these delinquencies because some stupid politician in the 90s, actually several of them thought it was a good idea to have no credit quality when it came to actually being able to buy homes. (04:24–04:35)
CLAIM
Asserts that the 2008 financial crisis was due to delinquencies in the residential housing market.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
