might need to start a new thread......headed......'superfunds in crisis'
so now we have all 3 major forms of investment in crisis.............
ie the mums and dads most basic form of investment, (they leave this one to the kids) housing is in crisis....
next one is the little bit of super...........it looks like its in crisis, because superfunds predominately invest in the stock market, and it has crashed......plus the fact the superfunds are lending shares to risky players
and I do not believe the same funds have applied the age old form of investing a third in stock, third in property, and a third in cash..........to diversify investments
****usually not all 3 types of invesment crash at the same time.........
raises the question is this the perfect storm ??? 2 out of 3 are crashing at the same time..............but is your cash safe in the bank.............?????
also an article today about rating agencies, suggesting about 100 US companies will go bust this year, due to high debt levels.............
wow is there nothing good to look forward to in 08 and 09
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