Car Loans Credit Crisis

Posted Jan 13, 2010 01:00pm EST After every financial crisis there’s a sovereign debt crisis, Marc Faber says. Countries that borrowed too much during the boom times start struggling to pay their competitors back, and eventually some of them default. The countries most likely to blow up this time around are the “PIIGS”: Portugal, Ireland, [...]

The World’s Biggest Debtor Nations www.cnbc.com In today’s struggling global markets, many national economies have looked to their government and foreign lenders for financial support, which translates to increased spending, borrowing and in most cases, growing national debt. Deficit spending, government debt and private sector borrowing are the norm in most western countries, but due [...]

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Lately everyone is worried about the stock market but I’m curious about how this affects low income people? I don’t have stocks, and I don’t have money in a bank, so how will this affect me if things get worse with the stock market?

When we are in a crisis like this, when normal people are declined a loan, how is it possible that the government (already in huge debt) is capable of taking out such a huge loan??? Wouldn’t be great to be employed at the Federal Reserve bank – now there’s a bank that will never go [...]

Visit www.LowerMortgagePayment.blogspot.com for today’s Mortgage News & Daily Rate Update. Residential Mortgage Securitization (Part 2) Meredith Whitney continues talking about the residential mortgage backed securities market.

Visit www.LowerMortgagePayment.blogspot.com for today’s Mortgage News & Daily Rate Update. Interview with Meredith Whitney of Oppenheimer and Co.: Securitization Has Dried Up, Consumers Face Liquidity Crisis.

sunnyphiladelphia.com Watch It’s Always Sunny in Philadelphial Season 5 Premiere 2009 The Gang Exploits the Mortgage Crisis online For Free It’s Always Sunny in Philadelphia S 5 E 1 The Gang Exploits the Mortgage Crisis [SHQ] Dennis, Mac, and Frank go into real estate, while Dee sets out to be a surrogate for a wealthy [...]

We are just in the first inning of the housing crisis according to Yale economic scholar Schiller. Last year their was a 50% drop in mortgages. When loan reset in mortgages increase in 2009! The next inning begins. A Housing Crash Will Soon Hit America — Find out Sir John Templeton’s Advice and Prepare for [...]