ASX 0.09% $64.06 asx limited

silly question..wot exactly is a subprime loan, page-12

  1. 18,607 Posts.
    lightbulb Created with Sketch. 415
    yeah its not serious its just a few people who have defaulted on their home loans..no one in australia will be effected.
    Sure the market has fallen a few hundered billion in Australia but thats because of psychology and the big instos trying to get traders to sell so they can buy cheap.
    Yeah a few more loans are going to reset in less than 2 months but so what they live all the way in the US.
    And the yen carry trade is about japan not us.
    Interest rates might rise but so what...whats 0.25% on a home loan just a few dollars every week.

    I mean china and india are going gangbusters so our market has to hold up and is way oversold.

    Relax dudes...its just a bad dream and conspiracy..we will be making new highs in no time.

    Its nice to dream...
 
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