I thought US "Vulture Funds" took Argentina to court years ago for defaulting on bonds - and won.It books be argued that bond and shareholder should have hoyed more cash into CS if they believed in it . I’m crying real tears here
They've taken a battering by looks of that graphoh yeah thats the bank that got caught for tax fraud ...20 billion dollar fine good lads
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No shit! Looks to me like it already has? And the Federal Reserve are to blame. They should've tapered years ago.Ayhan Kose, who runs the equitable growth, finance and institutions work at the World Bank, said the combination of these factors means “the golden era of development appears to be coming to an end”.
With the bank’s stress on the lasting damage from crises, whether related to health, economics or geopolitics, he said the past two week’s turmoil in financial markets were of great concern for economic prospects now and for the next four to five years.
“What we know is that the slowdown [in global growth prospects] could be much sharper if another financial crisis erupts, especially if it is accompanied by another global recession,” he said.
More than enough blame to go round, but yes, Fed rate start inflationary rate hikes April 2021 with the benefit of a time machine.World Bank warns global economy at risk of lost decade of growth
27/03/2023 World Bank warns global economy at risk of lost decade of growth | Fi…
Fallout from pandemic and war in Ukraine could be exacerbated if financial turmoil sparks recession
No shit! Looks to me like it already has? And the Federal Reserve are to blame. They should've tapered years ago.
Petrol car prices are about to collapse -pretty bad news if you bought a car on finance
For sales of electric cars to really take off, there needs to be a widespread and reliable charging infrastructure, which hardly looks imminent.However, for sales of electric cars to really take off, the prices need to come down to make them feel less expensive to drivers, Prof Sodhi says.
Personally, the way the deck is stacked, I'd gybe towards hydrogen.For sales of electric cars to really take off, there needs to be a widespread and reliable charging infrastructure, which hardly looks imminent.
And anyway we need to be moving away from private cars to public transport.Personally, the way the deck is stacked, I'd gybe towards hydrogen.
However even without a glut of new cars, second hand are going to get cheaper...cost of living increases + increase in interest rates make car ownship more of a luxury
Why is a price collapse bad if you bought a car on finance? You didn’t buy the car as an investment. Either you’re hanging onto it, in which case the second hand price is irrelevant, or you plan to trade in at some point, in which case a global price reduction is a benefit to you.Office Vacancies Send Real-Estate Investors to the Exits
Prices of bonds backed by commercial mortgages have recently dropped to levels not seen since the early days of the pandemic.www.wsj.com
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Petrol car prices are about to collapse -pretty bad news if you bought a car on finance
If you have on to it I agree...if you get rid price reducti9n means it will cover less of the loan that you originally took outWhy is a price collapse bad if you bought a car on finance? You didn’t buy the car as an investment. Either you’re hanging onto it, in which case the second hand price is irrelevant, or you plan to trade in at some point, in which case a global price reduction is a benefit to you.
But you’re still better off if you’re buying a newer one, because what matters is the price differential and that will have shrunk. What you’re alluding to only matters if you’re completely stopping owning a car.If you have on to it I agree...if you get rid price reducti9n means it will cover less of the loan that you originally took out
You mean the people hanging onto their car and who are thus completely unaffected by its residual value?Cos everybody is so flush they're queueing up that's why there's a glut
Why is a price collapse bad if you bought a car on finance? You didn’t buy the car as an investment. Either you’re hanging onto it, in which case the second hand price is irrelevant, or you plan to trade in at some point, in which case a global price reduction is a benefit to you.
She sounds a bit culty.wanted to share this video of this horrible woman somewhere.
"Zoom call from a ceo who cancelled all employee bonuses but took a $6.4 million bonus herself"
Don’t Live in ‘Pity City,’ Office Chair Magnate Tells Employees Who Want Money
MillerKnoll says a video of CEO Andi Owen telling employees to stop "thinking about what you’re going to do if you don’t get a bonus" was taken "out of context."www.vice.com
That was written on 15 March. So, one month on, I guess that this time’s answer, for now at least, was “reclaim its recent drop”.Thing is, it won’t stay as it is. It could collapse from here, it could rebound and reclaim its recent drop of 5-10%. That’s the big unknown.
Nah commercial real estate should do it...That was written on 15 March. So, one month on, I guess that this time’s answer, for now at least, was “reclaim its recent drop”.
Roll up, roll up! What will be the next event to threaten financial Armageddon? Will our intrepid central bankers steer the course or will they perish on the big rocks? Tune in next week, same bat time, same bat channel!
Free market economics. They're behaving as though Truss and Kwarteng have taken over the Fed!
Only a couple of days since Jamie Diamon said banking had stablized