All Posts Tagged With: "subprime"

post thumbnail

G7 Reveals Subprime Losses Could Reach $400 Billion

Speculators are encouraged to borrow – especially now that they can get money at rates scarcely above the rate of consumer price inflation. After the Fed’s latest rate cuts, its key-lending rate is below the inflation level.

February 13th, 2008 | Bill Bonner | 0 comments | Continued
Subscribe to the Daily Reckoning

© Copyright The Daily Reckoning Australia & Port Phillip Publishing Pty LTD 2009 All rights reserved.

Port Phillip Publishing Pty Ltd holds an Australian Financial Services License: 323 988. View our Financial Services Guide.

ACN: 117 765 009 ABN: 33 117 765 009

Port Phillip Publishing
Attn: Daily Reckoning Australia
PO Box 899
Braeside
VIC 3195

Tel: 1300 667 481
Fax: (03) 9558 2219

SEO Powered by Platinum SEO from Techblissonline