VIDEO: Clarke and Dawe – Understanding the GFC

(AustraliaMatters) I’m usually rather hard on Clarke and Dawe in the comments section at YouTube. Why? They usually pussy foot around, err, generalise too much. We pay the ABC and the ABC pays them. I haven’t been getting value for money until tonight. In this skit they admit loaned money that caused the GFC “didn’t even exist”.

related: Australia’s sub-prime mortgage scandal