Is the global market correction in terms of the crisis of US subprime loan, Asia’s 3 trillion debt in housing?
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Tom H asked:
THe shocked news of the US US subprime loan crisis has raised the eye brows of the many by the following stock market plunges world wide. Hong Kong and China, the counterpart of the US scheme to raise the stock market values by keep on saying that they are intended to stabalize the stock and bonds in a profitable values. They never tell the investors that the hedge funds and inclination of property values have resulted the staggering inflation of every thing. It is a sin of hedge fund promoters, just by observing the Hong Kong government sold the public assets to the British owned financial corp specialized in the add values of hedge funds and rent increasing tactics make many small bussiness go bankrupt! What the bankers sin is to make a rising lending and resulted the mass defaults. A good government and world banks should cool down the inclination of stock market and in particular the property values. I observed the food prices and daily neccessities raised 40% in Hong Hong now.
ROSCOE
THe shocked news of the US US subprime loan crisis has raised the eye brows of the many by the following stock market plunges world wide. Hong Kong and China, the counterpart of the US scheme to raise the stock market values by keep on saying that they are intended to stabalize the stock and bonds in a profitable values. They never tell the investors that the hedge funds and inclination of property values have resulted the staggering inflation of every thing. It is a sin of hedge fund promoters, just by observing the Hong Kong government sold the public assets to the British owned financial corp specialized in the add values of hedge funds and rent increasing tactics make many small bussiness go bankrupt! What the bankers sin is to make a rising lending and resulted the mass defaults. A good government and world banks should cool down the inclination of stock market and in particular the property values. I observed the food prices and daily neccessities raised 40% in Hong Hong now.
ROSCOE
