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Crewleader Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-18-07 02:16 PM
Original message
Global Credit Crash
 
Run time: 03:44
https://www.youtube.com/watch?v=PIDEi7q6JrQ
 
Posted on YouTube: July 12, 2007
By YouTube Member:
Views on YouTube: 0
 
Posted on DU: July 18, 2007
By DU Member: Crewleader
Views on DU: 660
 
post your comments...:hi:
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Yavin4 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-18-07 02:22 PM
Response to Original message
1. Buy U.S. Treasuries
When credit comes under fire, there's a flight to safety. Buy U.S. Treasuries.
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dipsydoodle Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-18-07 02:24 PM
Response to Original message
2. Toxic debt
what a charming expression - quite appropriate though.
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whistle Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-18-07 03:00 PM
Response to Original message
3. Are these the Rupert Murdock WSJ news correspondents?
...$4.0 billion in toxic debt by English and therefore Australian measures are really $4.0 trillion in U.S. terms

$4,000,000,000.00 which is four billion dollars American, but four thousand million British/Australian

$4,000,000,000,000.00 is the real four billion dollar denomination in British terms and that of course is four trillion American
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LibertyorDeath Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-18-07 04:46 PM
Response to Original message
4. What could possibly go wrong
Edited on Wed Jul-18-07 04:47 PM by LibertyorDeath
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