Meine vorhersage in 2005: zusammenbruch faengt 2007 an...

Geschrieben von basecampUSA am 01. Juli 2007 05:18:06:

Kannst das noch von letzten herbst errinern? Da hatte ich es noch mal bestaetigt...

Und vor 2 jahre hab ich's Apollo und Matt B im ZF 1.0 gesagt... sommer 2007 geht der achterbahn nach unten los...

Und nun kommt's rasch... Hartgeld uA auszuege heute:

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Banks 'set to call in a swathe of loans'

By Ambrose Evans-Pritchard
Last Updated: 7:25am BST 26/06/2007

The United States faces a severe credit crunch as mounting losses on risky forms of debt catch up with the banks and force them to curb lending and call in existing loans, according to a report by Lombard Street Research.

Bear Stearns headquarters: Banks 'set to call in a swathe of loans'
Bear Stearns headquarters in New York

The group said the fast-moving crisis at two Bear Stearns hedge funds had exposed the underlying rot in the US sub-prime mortgage market, and the vast nexus of collateralised debt obligations known as CDOs.

"Excess liquidity in the global system will be slashed," it said. "Banks' capital is about to be decimated, which will require calling in a swathe of loans. This is going to aggravate the US hard landing."

www.telegraph.co.uk

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S&P, Moody's Mask $200 Billion of Subprime Bond Risk (Update1)

By Mark Pittman

June 29 (Bloomberg) -- Standard & Poor's, Moody's Investors Service and Fitch Ratings are masking burgeoning losses in the market for subprime mortgage bonds by failing to cut the credit ratings on about $200 billion of securities backed by home loans.

The highest default rates on home loans in a decade have reduced prices of some bonds backed by mortgages to people with poor or limited credit by more than 50 cents on the dollar and forced New York-based Bear Stearns Cos. to offer $3.2 billion to bail out a money-losing hedge fund. Almost 65 percent of the bonds in indexes that track subprime mortgage debt don't meet the ratings criteria in place when they were sold, according to data compiled by Bloomberg.

That may just be the beginning. Downgrades by S&P, Moody's and Fitch would force hundreds of investors to sell holdings, roiling the $800 billion market for securities backed by subprime backed by subprime mortgages and $1 trillion of collateralized debt obligations, the fastest growing part of the financial markets.

``You'll see massive losses from banks, insurance companies and pension managers,'' said Joshua Rosner, a managing director at investment research firm Graham Fisher & Co. in New York and co-author of a study last month that said S&P, Moody's and Fitch understate the risks of subprime mortgage bonds. ``The longer they wait, the worse it's going to be.''


MORE:

http://www.bloomberg.com/apps/news?pid=20601087&sid=aIzzx2vC10KI&refer=home

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"Without doubt, the economics profession is replete with more harlots than Piccadilly Square or Battery Park or any fine district in Copenhagen. Instead, their analysis and forecasts should be labeled what they are, bold promotion marred by giant lies."

http://www.financialsense.com/fsu/editorials/willie/2007/0629.html

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CIA - World Fact Book

look who's #1 - China !

and look who's at the very bottom #163 - USA


If you don't think we're in deep shit... #1 has stopped buying junk bonds from #163

HERE ==> https://www.cia.gov/library/publications/the-world-factbook/rankorder/2187rank.html

HEY! it's right there in black and white... nobody here can argue with that... the party's over in 5 minutes -- that's all she wrote!

Come gather 'round people
Wherever you roam
And admit that the waters
Around you have grown
And accept it that soon
You'll be drenched to the bone.
If your time to you
Is worth savin'
Then you better start swimmin'
Or you'll sink like a stone
For the times they are a-changin'

-Bob Dylan

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The Pause That Depresses: Recession to Begin Within Six Months and Depression Prior to 2008Q2by Jas Jain, August 28, 2006


Clouds are gathering over the US economy and quite a few highly informed people can now see them. What is not understood is that this storm will result in a flashflood and a "the Great Deluge." Americans are lot less prepared for the coming economic storm than the residents of New Orleans were prepared for Katrina exactly a year ago. While Katrina was only a category 3 hurricane, the next economic hurricane that will hit the US, already gathering strength for a while, would have the force of a category 5 storm, with econ-winds of above 175 mph, when it strikes.

The economic forecasters that we do have, to inform the public, give fortunetellers a bad name. A case in point is economist Diane Swank, a pretty face that frequently appears on financial TV, whom I heard saying, answering a question on what the Yield-Curve was forecasting, "this indicator will crash," i.e., totally fail this time. If economists, as a group, had any professional integrity, let alone any shame, they will pay for advertorials to inform the public that they are incapable of forecasting recessions and depressions. The stock market might have predicted, "nine out of the past five recessions," as Nobel economist Samuelson is supposed to have quipped, how many have economists, as a group, predicated? A fat zero. So, please ignore a crank like myself, or any other non-economist prognosticator of the economy, if you must, but don't hold your breath for an economist to forecast a recession until after the economy is already in a recession. And in many cases until it has already come out of a recession. The best ability to forecast recessions and depressions is to be found among those that dwell into investments and among professional speculators. A degree in economics is a very big hindrance in forecasting recessions and depressions; on that history's verdict is clear.

Why can't America have a recession? Because Americans can't afford it! Especially, not now. There is a book titled, When Wish Becomes a Thought, by an American sociologist that encapsulates the truth about most people's forecasts. Add to this the most common psychological disease among Americans - Optimitis Americanitis - and you have all the makings of a grand denial and its consequences (this disease has been carried on by many Indians and Chinese to their native lands). As we saw in the case of New Orleans, catastrophes are more likely to hit those who are least prepared. Or, so it would seem.

MORE ==> http://www.safehaven.com/article-5778.htm

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WAS ? -Verzoegerst Du noch???


vom survivalhof... - Basey (schrecklich wenn da einer unter euch schreibt der staendig trifft, ne? ;-)))


pfffttt!!!... die welt geht unter und die haben sich hier alle in der wolle wegen "forumsgestaltung" - ich lach (wein) mich tod!

PS wassis 'n Rototiller auf Deutsch? Landfraese?

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