Global markets plunge on U.S. recession fears

Discussion in 'Politics & Religion' started by guru-seo, Jan 21, 2008.

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  1. wisdomtool

    wisdomtool Moderator Staff

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    #21
    Sub prime cause much much and are far wide reaching, weird that no one reported on that, rather concentrate on a rouge trader, maybe there is a face to show for the rouge trader but sub prime is faceless.


     
    wisdomtool, Jan 26, 2008 IP
  2. soniqhost.com

    soniqhost.com Notable Member

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    #22
    Think about how much money went into the sub prime mortgage sector and yet outside of a few mortgage originators no one has really gone out of business. That's pretty amazing when you think about it they were underwriting about 200 billion dollars in sub prime loans a year, the pain has spread but its not as bad if one or two companies had funded the sub prime sector.
     
    soniqhost.com, Jan 26, 2008 IP
  3. wisdomtool

    wisdomtool Moderator Staff

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    #23
    The full extend of the sub prime isn't unraveled yet, you will need to wait and see first.

     
    wisdomtool, Jan 26, 2008 IP
  4. soniqhost.com

    soniqhost.com Notable Member

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    #24
    What is not know is who holds what but that question is largely tied to the financial industry. Which I would avoid.
     
    soniqhost.com, Jan 27, 2008 IP
  5. maverick123

    maverick123 Peon

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    #25
    all the stock markets fell like it's end of the world except U.S. stocks which fell marginally as compared to asian stocks, european stocks........this despite the fact that real culprit lies in the U.S.:confused:
     
    maverick123, Jan 27, 2008 IP
  6. guerilla

    guerilla Notable Member

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    #26
    The "Plunge Protection Team" buy up key stocks on the market to keep the indexes looking safe and healthy during times like this.

    This is the problem with intervention. It confuses investors into making bad decisions, by artificially manipulating the signs of a healthy or sick market.
     
    guerilla, Jan 27, 2008 IP
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