Interesting isnt it with all the talk about sub-prime issues. Sub prime is exactly that. Lenders of last resort lending to borrowers who should never be given money in the first place. IHow much does this actually oaccount for with regards to global GDP ... stuff all.
I think that at the moment the market is getting spooked over nothing and that just like every other major 'catastophe' that the financial markets has faced over the last 10 years (since Russian Debt Crisis) there will be a preiod of consolidation and then we will begin our run up again.
seems as though someone else was there, page-30
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