Archive for December 21st, 2007

Daily Archive
Friday, December 21st, 2007

China and the Arabian Peninsula as market stabilizers

Why are stock markets not tanking against the background of the sub-prime meltdown and an increasing number of “experts” calling for a US recession? One explanation for this seeming anomaly has been offered by George Friedman, CEO of Stratfor. (Stratfor, short for Strategic Forecasting, focuses on analysis and forecasts of geopolitical, economic, security and public […]

6 Comments » - Posted in Oil, Stocks, Sub-prime, US dollar, Money, Markets, China, Economy, Finance, Investment, Business by Prieur du Plessis
Friday, December 21st, 2007

Japanese sub-prime woes

The following humorous sketch ended up in my inbox a few days ago:
“Following the problems in the sub-prime lending market in America and the run on Northern Rock in the UK, uncertainty has now hit Japan.
“In the last seven days, Origami Bank has folded, Sumo Bank has gone belly up and Bonsai Bank announced plans […]

No Comments » - Posted in Markets, Money, Sub-prime, Investment, Humor, Economy, Finance, Business by Prieur du Plessis