USA: new stock market crash coming?

[A2E]

Eh yes ! as quoted in the title here is the "blast of lead" from an economic journalist to an American TV channel see more:

Jim cramer, a pillar of TheStreet.com, and former Wall Street hedge fund manager, was interviewed on CNBC. It is in English but in summary it says:

* The FED must open the door to reductions (lower rates)
* The government and all these bureaucrats have no idea how serious the situation is
* 7 million households are likely to end up on the street if nothing is done
* Bernanke has no idea what's going on
* Greenspan encouraged households to transform their fixed rate loans into variable rates before raising rates 17 times! And Bernanke basins us with his case studies on inflation.
* He says he has spoken with the biggest firm in WS and we have no idea what's going on.
* He even says that the FED calls him to ask him if he will help them. If he is going to stay on the sidelines or say like everyone else that everything is fine, and well he came to "fart a cable" on the biggest financial chain in the world.

source:
http://www.paperblog.fr/article/142047/ ... s-emporte/

And a video:
http://fr.youtube.com/watch?v=rOVXh4xM-Ww

And a video with French subtitles:
http://www.dailymotion.com/video/x2pnyx ... m-cra_news

Apparently US finances are at their worst!

[freddau]

Hmm,

yes i don't know.
As long as we have eaten, everything is fine right?

[bham]

Apparently US finances are at their worst!

It's been obvious and has been for qqs years already. The article cited by Christophe explained it well and we risk heading towards an extremely difficult period for the world and French economy which would last, according to certain analysts until 2009.
Will this allow us to move towards a healthier economy, more in line with renewable energy?

[Capt_Maloche]

This is the financial bubble effect, there should be every 3 years or so, and more if war or announcement like that of American real estate.

And this will continue as long as we can "play" on the stock market at SRD, ie sell shares that we do not have to buy them back cheaper with a leverage of x3 to x5

All this will surely deteriorate in parallel with the climate and the damage quantified in Euro and Dollars

therefore, it is better not to invest more than 30% of its capital in equity funds

33% in guaranteed funds, 33% in equity, and 33% in real estate

PS listen to BFM

[jean63]

And this will continue as long as we can "play" on the stock market at SRD, ie sell shares that we do not have to buy them back cheaper with a leverage of x3 to x5

All this will surely deteriorate in parallel with the climate and the damage quantified in Euro and Dollars

There was an excellent "Théma" program on ARTE some time ago. Too bad their system + 7 days was not yet in place.

It was particularly a question of the USA and their monetary functioning: basically, it is the Chinese who, by buying American loans, make the US system work. The so-called "subprime" loans taken out by indebted and low-income Americans are in fact "supported" by Chinese lenders or even us through banks which borrow money from each other to finance their own loans. insolvent individuals (because they were trapped by adjustable interest rates and no longer have the means to repay these loans to their bank).
Except that ..... usually the banks recover their stake by selling the property not reimbursed, BUT the real estate market is falling in the USA And nobody knows where it will end, so the banks can no longer recover their stake: hence a crisis of confidence between the banks which no longer want to lend money ....... there are many houses which do not find buyers, so prices fall, so banks sink.
Bravo, they have been playing with fire since the 2nd war with master DOLLAR and for the moment they are doing well, but by dint of pulling on the rubber band it ends up breaking. We don't know when it will break, but there will be a lot of collateral damage because everything is nested, it's a house of cards. Besides, why is the dollar so weak against the euro? who has an interest in this being so?
The Americans have always lived beyond their means and exported their way of life, which is what led us to find it.