Make your input count!
To contribute,
Login
or
Join MyProps
for free.
Working on your request...
Everyone
1st Degree Friends
2nd Degree Friends
3rd Degree Friends
Join MyProps
|
Login
Create Content
Post Link
Post Text
Post Image
Create Channel
Public Content
Public Content
Public Channels
Public Activity Feed
Public Categories:
Finance
Technology
News & Politics
Hollywood
Pictures
Videos
Funny
Girls
Adult
Other
Users
Users
Invite Friends
Settings
Adult Filter: On
My Content
My Content
My Channels
History
Content History
Channels History
Other Tasks
Login
Join MyProps
Home
Public Content
Link Comments
Link Comments
Search:
Comments & Related
|
Props
Link Information
3
Props
Give Props
Banks just working through the first of three or four perfect storms that are coming
This Link is located in the Public Channel
Housing Bubble and Bear Links
.
Posted by
ian
1 year 268 days ago
(
dollarcollapse.com
). Views: 220
Tags:
housing bubble
Related Tags:
credit crisis
gold
wall street
economics
peter schiff
inflation
banks
Avoid the financials, particularly banks. They’re just working through the first of three or four perfect storms that are coming. They’re dealing with their subprime problems but they haven’t set much aside for the coming consumer credit card and auto loan recession; they haven’t set much aside for the coming wave of corporate loan defaults, nor have they prepared for a commercial real estate downturn. According to the FDIC, many banks’ commercial real estate exposure is triple their capital. I wouldn’t touch most commercial real estate loans made in 2005-2007 with a ten foot pole. They’ll have to write a lot of this off as the economy deleverages.
View Original Article
<
Prev Item
|
Next Item
>
Add Comment
|
Bookmark
|
Mark Inappropriate
|
Email
|
Twitter
Comments
No Comments Found
Related Content
72
Props
Give Props
Housing Bubble and Bear Links
(1,504 Links)
Created by
ian
2 years 225 days ago in
Finance
. Views: 11,997. Link Views: 396,262
Tags:
housing bubble
investing
real estate
subprime
mortgage
finance
economics
Related Tags:
wall street
business
stocks
video
politics
consumer issues
credit crisis
This channel was created on April 10, 2007, during the peak of the housing mania, to warn investors of the coming collapse in home prices. For quite some time we have warned investors to get out of U.S. stocks. This channel represents the best of the
[More...]
Comments: 0
|
Bookmark
|
Subscribe
|
Inappropriate
|
Post
|
Email
|
Twitter
|
RSS
©2009 MyProps Inc.
Contact Us
-
Privacy Policy
-
Terms of Service