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We risk a disintegration of global finance within days
This Link is located in the Public Channel Housing Bubble and Bear Links.
 Posted by ian 44 days ago (www.telegraph.co.uk).  Views: 59
Tags: credit crisis
Related Tags: housing bubble  banks  economics  wall street  federal reserve  great depression  
We face extreme danger. Unless there is immediate intervention on every front by all the major powers acting in concert, we risk a disintegration of global finance within days. Nobody will be spared, unless they own gold bars.

Investors will learn today whether the Paulson bail-out - fattened to $850bn (£480bn) by Congress - can begin to halt the death spiral in the credit system. So far, the response looks terrible.

Germany is now in the hot seat. The collapse of a rescue deal for Hypo Real Estate on Saturday threatens a €400bn (£311bn) bankruptcy that nearly matches the Lehman Brothers debacle for sheer scale.

Chancellor Angela Merkel has been forced to pull her head out of the sand, guaranteeing all German savings, a day after she rebuked Ireland for doing much the same thing. Reality intrudes.

During the past week, we have tipped over the edge, into the middle of the abyss. Systemic collapse is in full train. The Netherlands has just rushed through a second, more sweeping nationalisation of Fortis. Ireland and Greece have had to rescue all their banks. Iceland is facing an Argentine denouement.

The US commercial paper market is closed. It shrank $95bn last week, and has lost $208bn in three weeks. The interbank lending market has seized up. There are almost no bids. It is a ghost market. Healthy companies cannot roll over debt. Some will have to sack staff today to stave off default.

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Housing Bubble and Bear Links (1,225 Links)
Created by ian 1 year 225 days ago.  Views: 5,293
Tags: housing bubble  investing  real estate  subprime  mortgage  finance  economics
Related Tags: business  wall street  stocks  politics  video  personal finance  credit crisis  
This channel was created on April 10, 2007 to warn investors of the coming collapse in home prices. For quite some time we have warned investors to get out of U.S. stocks. This channel represents the best of the best in finance related links. I read [More...]
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A history of home values
This Link is located in the Public Channel Housing Bubble and Bear Links.
 Posted by ian 1 year 132 days ago (www.thefinancialhelpcenter.com).
Views: 1,752
Yale economist Robert J. Shiller created an index of American housing prices going back to 1890. It presents housing values in consistent terms over 116 years, factoring out the effects of inflation. Here's more information on the the biggest bubble [More...]
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Housing decline is 1/3 complete and will not bottom until 2012 or later
This Link is located in the Public Channel Housing Bubble and Bear Links.
 Posted by ian 129 days ago (www.harpers.org).  Views: 1,353
Tags: housing bubble  economics
Related Tags: business  wall street  finance  stocks  politics  video  credit crisis  
Cramer, you're wrong. Housing will not bottom until 2012 or later. So far you have called 3 bottoms in the stock market (one after the Fed cut rates by 125 bp in 8 days, one after the Bear Stearns bailout, and now one after the Housing Bill / SEC naked [More...]
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Roubini: The world is at severe risk of a global systemic financial meltdown and a severe global depression - October 9, 2008
This Link is located in the Public Channel Housing Bubble and Bear Links.
 Posted by ian 41 days ago (www.rgemonitor.com).  Views: 113
Tags: stock market crash of 2008  credit crisis  housing bubble  roubini
Related Tags: wall street  banks  economics  countrywide  gold  peter schiff  federal reserve  
The US and advanced economies’ financial system is now headed towards a near-term systemic financial meltdown as day after day stock markets are in free fall, money markets have shut down while their spreads are skyrocketing, and credit spreads are [More...]
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Easy Money
This Link is located in the Public Channel Forbes Magazine - Most Popular Stories.
 Posted by MyPropsMonkey 1 year 20 days ago (www.forbes.com).  Views: 186
Tags: forbes  wall street
Related Tags: finance  economics  business  video  housing bubble  stocks  apple  
Ben Bernanke's solution to the housing crisis and the credit crunch: the same monetary policy that got it started in the first place.
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Treasury Yields Fall to Record Lows as Risk of Global Recession Deepens
This Link is located in the Public Channel reddit economics.
 Posted by MyPropsMonkey 2 hours 37 minutes ago (reddit.com).  Views: 0
Tags: economics  finance
Related Tags: business  wall street  stocks  video  politics  housing bubble  credit crisis  
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Credit freeze leads to crisis in shipping industry - Times Online
This Link is located in the Public Channel reddit economics.
 Posted by MyPropsMonkey 8 hours 38 minutes ago (reddit.com).  Views: 1
Tags: economics  finance
Related Tags: business  wall street  stocks  video  politics  housing bubble  credit crisis  
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India Inc. Battered by Credit Crisis
This Link is located in the Public Channel BusinessWeek - Most Read Stories.
 Posted by MyPropsMonkey 2 days ago (www.businessweek.com).  Views: 1
Tags: business  economics  stocks
Related Tags: finance  wall street  video  politics  housing bubble  credit crisis  gold  
India Inc. Battered by Credit Crisis
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