John: a credit crunch is coming (2011)
prediction · status: unresolved · last event: predicted (2011-09-26) · owner: John
In September 2011 John said he was pretty worried that a credit crunch was coming.
About: credit crunch
| date | event | what | video |
|---|---|---|---|
| 2011-09-26 | predicted | John says he is pretty worried a credit crunch is coming. (hedged) | Awesome Bankers? 00:01:27 |
What is said about it
2 statements, by date (the events above are the turns of the thread; these are the details).
- 2011-09-26 · Awesome Bankers? — John says he will explain credit crunches, why they are so evil, and how Nerdfighteria could dramatically decrease world suck by becoming better bankers. — 00:00:00
- 2011-09-26 · Awesome Bankers? — John explains that in a credit crunch banks stop lending because, in economic panic, they must hold a much larger share of deposits to prevent bank runs, so capital that could fund job-creating ideas sits idle. — 00:01:27