I guess history never repeats, right!? This is gonna get bad. The federal reserve was supposedly set up to stop anything like this from happening again. They were supposed to keep credit in in check, but what did they do? Now we have a credit bubble twice the size than we did during the great depression and it’s not just the U.S., the whole world was drunk on free easy credit. Well, somebody is gonna have to pay for your new plasma tv and your big empty house. What did you think, it was free!?