Will Credit Defaul Swaps Worsen Our Financial Problems? Pt1
February 9, 2010, Posted by admin at 1:20 pm
Part 1 Where the investments on subprime loans by banks and the investments of securities from these loans by Wall Street the culprits for today’s financial crisis? More information at: sccrealestateuncensored.com/2008/financial-crisis-whose-fault-is-it/ or in Spanish: micasamidinero.com/2008/crisis-financiera-de-estados-unidos-quien-tiene-la-culpa/
banks must know when this is happening, they must have equations to determine this, well they have it for simulation of nuclear test i dont understand why they can not have them for economics, there must be inidicators somewhere like PIB vs CREDIT this system is horseshit
i dont believe that with the supercomputers they could not detect that the mortgage market was demanding more money than the sistem can afford is bullshit