I know that’s not supposed to be the reaction to this bail out plan. But i do and here is why.
The bailout plan asks the amount of money, which hopefully, will allow all the financial institutions to take off unsellable mortgages off the books. All the following points arise.
1. The $700 billion dollars is not [...]
Posts Tagged ‘Subprime Crisis’
Paulson’s bailout plan wont work for the average american
Posted in Economy, Financial Markets, Legislation, Stockmarket, tagged average american, bailout plan, Ben Bernanke, Corporate Welfare, Economy management, FED, federal mortgage bailout, Financial Markets, Frank Paulson, Housing crisis, Mortgage Crisis, paulson's bailout plan, Paulson's plan, Subprime Crisis, US Economy on September 20, 2008 | 1 Comment »
First it was Real estate, then sub prime mortgage, then credit crisis, later recession, now it is stagflation
Posted in Investment, Stockmarket, Thought-Trails, tagged Binge lending, Dollar Value, Flight of Capital, Investments, Main Street, Real estate crisis, Recession, Stagflation, Subprime Crisis, US Economy, Wall Street on December 15, 2007 | Leave a Comment »
It was in March 2007, that S & P/ Case – Shiller Home price index first mentions deep trouble in Real Estate industry. To his credit, Robert Shiller made the correct call on real estate bubble back in 2005, at its peak. Over the past nine months, we moved from real estate bubble bursting to [...]