Archive for August, 2009
What caused the subprime mortgage crisis?
What caused the subprime mortgage crisis?
What caused the subprime mortgage crisis? In laymans terms please!
It seems like it just happened overnight – why were the homes not appreciating in value (equity), and what will happen to the owners of the homes once they have been foreclosed on and the banks go out of business?
Latest credit crunch news – Mozambique: Country Suffering
Hey everyone, I decided it would be a great idea to post up the latest news from Google so here it is…
Mozambique: Country Suffering Effects of Credit Crunch
… private sector investment, and a fall in tourist numbers, all effects of the international financial crisis, colloquially known as the "credit crunch". … Read More…
What Happened to the Credit Crunch?
We no longer hear Read the rest of this entry »
Credit Crunch Comes Home
Credit Crunch Comes Home
Leader: When Samuel Beckett tired of entertaining house guests, he did not ask them to leave
When Samuel Beckett tired of entertaining house guests, he did not ask them to leave. No, that would be far too obvious. Instead, he simply did not turn on the lights. As inky night came rolling in, runs the possibly apocryphal story, unwanted visitors got the message.
Something Read the rest of this entry »
Crunch-less France Keeps Appeal by Jim Barnaby
For those looking for evidence that the worldwide credit crunch is not quite so worldwide as some might think, the best place to look, it appears, may be across the channel, which, as a major hotspot for Britons looking at buying investment property, is just as well.
As Assetz made clear this week, the country has survived the liquidity crisis fairly unscathed. This is thanks partly to French Banks Read the rest of this entry »