2011 PART INVESTMENT INCOME

subota, 05.11.2011.

INVEST TOXIC ASSETS : TOXIC ASSETS


Invest Toxic Assets : Top Green Companies To Invest In : Capital Investment Grants.



Invest Toxic Assets





invest toxic assets














Toxic Assets




Toxic Assets





The Museum of American Finance has a series of panels explaining the cause of the 2007 global economic/ banking crisis. The museum is quite frank about the proliferation of toxic assets such as the CDOs (collateralized debt obligations) and ABS (asset-backed securities) that caused a massive increase in personal and household debts since the mid-1990s.

The Western world has seen its personal and household debts soaring since the credit cards were first invented in the 1960s. These days, people buy everything on borrowed money using credit cards, personal lines of credit, taking loans out of the home equity, or whatever other fancy loans the banks invented for us.

It seems like the perceived "rise in living standard" in the past 20 years was mostly paid by borrowed money.











bankam 060813 0021




bankam 060813 0021





Recession etc.
Various buildings in Canary Wharf, London.
All shot in August 2006.









invest toxic assets







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05.11.2011. u 16:04 • 0 KomentaraPrint#

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2011 PART INVESTMENT INCOME

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