今天的经济危机形式 8/05/2008 15:41
There is only one dissenting vote, casted by the honest gentleman from Texas. 牛

Big Ben and his diciples had better time-travel backward to 1949 and sign up some classes in east asia, so that they can understand turning 市场经济 into 计划经济 cannot be achieved without a revolution.


大家自求多福吧。 祝你好运
Time to Short?
pompano at 8/05/2008 15:42 快速引用
Time for a vacation.

pompano :
Time to Short?
xiaoqiang at 8/05/2008 15:44 快速引用
Greenspan warns more banks may be bailed outAngela Balakrishnan guardian.co.uk, Tuesday August 05 2008 09:19 BST
Article history
Alan Greenspan, former Federal Reserve chairman, has warned that more banks and financial institutions could end up being bailed out by governments before the credit crunch is over.

Writing in the Financial Times today, he said that stability has not been restored to the financial sector even though central banks have injected billions of pounds in liquidity, and warned that fears of insolvency still persist.

"There may be numbers of banks and other financial institutions that, at the edge of defaulting, will end up being bailed out by governments," he said.

He added that the insolvency crisis will come to an end only when house prices in the US even out. Equity in US homes, he said, was the "ultimate collateral support" for much of the financial world's mortgage-backed securities.

However, the glut of vacant single-family homes that emerged as the US housing boom peaked in 2006 is making it difficult for prices to stabilise.

The UK government was forced to take Northern Rock into public ownership earlier this year, after the credit crunch left it unable to survive as a private company. Today the bank posted a loss of almost £600m for the first half of 2008, as more borrowers struggled to pay their mortgages.

Greenspan said there were signs of hope for the future of global markets from non-financial corporate businesses which he said had held up "surprisingly well" in the face of volatile stock markets. Global stock prices are a fifth lower than their October 2007 peaks - with the FTSE 100 index dropping by 16.7% in a year - but they still hover at levels last seen in 2006 when markets were far less gripped by fear.

He was surprised that has been any global economic growth at all given the circumstances of the crisis, which he described as "a once or twice a century event deeply rooted in fears of insolvency of major institutions".

He said much of this was due to globalisation which has been at the root of the past decade's unprecedented surge in economic activity.

As a result, he expressed concern that the governments may panic and seek contain competitive markets with heavy-handed regulation to try protect themselves from the financial crisis.

"If that becomes widespread, globalisation could reverse - at awesome cost," he said, suggesting that share prices around the globe could fall sharply.
xiaoqiang at 8/05/2008 15:53 快速引用
yup. that's what i am doing..

xiaoqiang :
Time for a vacation.

pompano :
Time to Short?
cathy2thousand at 8/05/2008 15:53 快速引用
今天听财经。。。investor认为美国人喜欢change,所以会选obama
there might be a 1/2 yr 股票的 honeymoon period
then 2 years 不景气 but he can blame Bush for it 我砍
during 3rd year (i.e. the year before the election) he's gonna bail out some financial institutions 让人气旺点
豆豆 at 8/05/2008 16:45 快速引用
xiaoqiang :



大家自求多福吧。 祝你好运


每次看到自求多福,就觉得心虚 打你
simple at 8/05/2008 17:53 快速引用
先生多会儿莅临鄙村领导视察工作?
Gemini at 8/06/2008 00:16 快速引用
大概九月底十月初吧。但不知道碧村在什么地方。

Gemini :
先生多会儿莅临鄙村领导视察工作?
xiaoqiang at 8/06/2008 00:30 快速引用
这个话题老了
换换吧
QR at 8/06/2008 23:06 快速引用
Like what?

QR :
这个话题老了
换换吧
xiaoqiang at 8/06/2008 23:45 快速引用
something 香艳, like fragrence.

xiaoqiang :
Like what?

QR :
这个话题老了
换换吧
lxf_lily at 8/07/2008 00:07 快速引用
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