2012 Financial End Game

2012 Financial End Game

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Overview

Get all the support and guidance you need to survive the latest global financial crisis and come out on top! This book is one of the most valuable resources in the world when it comes to ways to profit even when times are bad!

The current global financial crisis has its roots embedded in the collapse of the subprime markets in the United States.   As at October 2007 there was an estimated loss on the subprime market of approximately $250 billion.
Is your unmotivated behavior making your life difficult... maybe even miserable?

Does it seem like you’ve tried everything you know to get your money under control, and evenso, despite everything you try to learn about surviving in this financial atmosphere, you’re still plagued with:

• Not knowing how to get started in investing
• Not understanding even where to begin with a plan to curb your personal and credit card debt
• Not knowing how to make money when the economy is so bad

If this describes you, you should know... you are NOT alone! It may seem like it sometimes, but not knowing what to do in this economy is far more common than you’d think.

The fact that the crisis rapidly spread globally was the result of the interconnectedness between banking institutions both nationally and internationally and the high levels of leveraging of the financial system as a whole. As a person just like you who has struggled with getting and staying financially set, I have searched high and low to find the best strategies to stay afloat in this economy and I am fully qualified and equipped to help you learn how to financially survive also.

We must all educate ourselves to be able to be knowledgeable about our own finances and if do not understand we must be prepared to seek help.

The current global financial crisis has its roots embedded in the
collapse of the subprime markets in the United States. As at October
2007 there was an estimated loss on the subprime market of
approximately $250 billion. If you want to come out on top, you have
come to the right place.
2012 Financial End Game
How to profit from the global crisis and make big bucks big time!
- 4 -
Chapter 1:
Global Financial Crisis Basics
Synopsis
Whilst at that time the subprime collapse seemed catastrophic, the
reduction in the subprime market was in essence relatively limited
and was a localized event. The effects of the event though did not in
fact remain limited and localized.
- 5 -
The Basics
There has since been an expected cumulative loss of $4,700 billion in
world output associated with the crisis. The loss in world output
represents a figure that is close to twenty times greater than the loss
experienced in the collapsed subprime market.
Though this loss is considerable, the impact on the decrease in stock
market capitalization from July 2007 until November 2008 alone was
calculated to have been $26,400 billion which was one hundred times
greater than the loss on the subprime market in the United States
where the crisis actually began.
Two questions have to be asked. How was it possible for the
subprime crisis in the United States to occur and how was it possible
for such a relatively limited and localized crisis to have been able to
cause a crisis of such magnitude to world earnings?
The basics would indicate that there were fundamental flaws existing
in the scrutinizing of the subprime market. Very importantly, the risk
of the assets was understated and the balance sheets of the derived
securities were not transparent to those buying into the risk.
When the crisis began there were two amplifying mechanisms behind
the crisis which accelerated the rate of collapse, firstly there began the
sale of assets to satisfy liquidity and this was followed by the rapid
sale of even more assets to re establish capital ratios.
- 6 -
The fact that the crisis rapidly spread globally was the result of the
interconnectedness between banking institutions both nationally and
internationally and the high levels of leveraging of the financial
system as a whole.
- 7 -
Chapter 2:
Using Bonds
Synopsis
Whilst the term bond is mentioned and talked about considerably in
financial circles few people outside of those circles really understand
what a bond actually is. If we were to think of a bond as another form
of an IOU it becomes easier to comprehend how bonds function.
- 8

Product Details

BN ID: 2940015024104
Publisher: 99 ¢ store, save to buy more
Publication date: 07/28/2012
Sold by: Barnes & Noble
Format: NOOK Book
File size: 439 KB

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