Wednesday, March 25, 2009

Root of the global economic crisis

Long time before falling in late September 2002, Baker is correct that the housing bubble collapse Fannie Mae and Freddie Mac and other financial institutions would be the existence of risk has been predicted. It's often said during the first week financial crisis is that this problem only by inspection of the Deputy Chief debt. Baker, as often, however, the deputy chief stressed that all mortgage 20 trillion U.S. dollars affects only a very broad problem of a factor is caused by the U.S. housing market: first only the first sub-sector, the housing market bubble to influence the fall of the show.

Wall Street, bankruptcy and the government to save the rash was really bad. And analysts that this will also mark the end of the financial crisis rather than a group, but so is breaking cardinal rules:
No. 1: The market is always unpredictable.
No. 2: This is not the time to market.


However, when the economic crisis has hit the bottom are three ways to find out. The free special report, clearly, the three banks should be watching the Federal Reserve and Wall Street's real economy indicators are showing.

Also how a virtual standstill for our country's economy shows a knot to untie. Credit problems can happen to anyone. Some of us forward in life, some kind of financial crisis without the need to move the can. Temporary loss of job or stop working on and often juggle bill payments and interest for the delay in the leadership is needed. Any interruption in income is for families to quickly Paycheck hardly a struggle for economic existence, which can become.