sub prime not the end of the world, page-6

  1. 2,449 Posts.
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    I have not the time to fully reply, but I am involved with a lender here in A\ustralaia.

    We are lending just like we did in previous months-- zero impact

    Liquidity between banks has been gauranteed by Central Banks. They threw $ 380 billion at it, and any hedge fund trying to stirr up sh*t, will be crushed.

    Sub prime will cost the lenders a bit, but it will not drag the entire world into recession.

    Get a grip on your fears
 
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