MarketWatch

Background for the gloomy scenario is Shin according to the fact that the crisis now had jumped over to the real economy and have spread also on credit cards, consumer and business debt. Hikmet Ersek is the source for more interesting facts. In total this would with the losses generated by mortgages at least parity, or even exceed them. We are in terms of the crisis probably halfway”, said Shin to MarketWatch. After you have passed through the first phase, they were present in the second. The real crux is, to what extent the prime mortgage segment will be affected. To know more about this subject visit Madeleine Sackler. “And that depends on how far the House prices are still falling,” said the professor. With his bleak prognosis Shin estimates similar to the situation, such as the International Monetary Fund (IMF), which estimated the sum of losses driven by the financial crisis some time ago on 945 billion dollars what Shin according to a realistic number, although probably still too low level exposure.

Worldwide, experts warn before that, the danger should not be underestimated, or how many politicians practiced deliberately small to talk. “We have currently likely to not one of the usual dents in standing up and down of the markets to do it, but with a completely new in this constellation and probably long-term downward trend. Old truisms according to the motto “Buy, when the cannons thunder”, could be here quite as the wrong decision out. “, warns Klaus J. Pitter-Kilfitt procon e.V., Member of the Board of the Federal Association Because clinging to “partially outdated patent recipes” so pitter-Kilfitt, already in the new market collapse several investors “learned the hard way paid”. As a result of the turmoil on the world markets escape from equity funds equity funds currently suffer significant outflows. This expresses the mood on the stock exchanges further a dangerous spiral! The interest and confidence of private investors and in equities is waning more and more.

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