What is a solution for the financial crisis?

5 ANSWERS

1. Christina Peter
   

    

   
   

   Recently I was involved in a scam with a company pretending to be a loan company that went in search of a lender that would lend money to people with bad credit. To make a really long story short I was naiive and ended up wiring a total of $1,350.00 to Canada. The worst part of this whole thing is that I did my research like I was supposed to, the company was listed in the phone book in MA, and I also checked them out!!! Everything checked out fine and when the money never came in the company said that they were going to refund my money and when the money never came in I tried to call the company and the recording now says Thank you Goodbye and hangs up on you. I was Lucky to get in Contact with Dennis Hopkins Finance Home that offered me a loan of $50.000. i will refer anyone in need of financial Help to www.dennishopkinsfinance.de.vu or dennishopkins_financehome@ live.com. I had a wonderful experience with them
   
    

   Report (0) (0)  |   9 years, 10 month(s) ago  

2. DoreneDorene Zeller
   

    
   
   Good Day
   
   My Name is Dorene Zeller i am from United State I saw your question regarding a loan. i got a loan the sum of $300.000 from a legitimate loan lender called DENNIS HOPKINS FINANCE HOME. you can contact them for financial Help. You are 100% Guarantee receiving your loan without any delay. dennishopkins_financehome@live.com or dennishopkins69@yahoo.com or website: www.dennishopkinsfinance.de.vu

   Report (0) (0)  |   9 years, 11 month(s) ago  

3. Alicia Williams
   

     I have been SCAMMED twice by this fake lenders.when i have bad credit is this man that gave me $120.000 you can get to him via www.dennishopkinsfinance.de.vu or dennishopkins_financehome@live.com tell him Alicia Williams referred you to him who he gave a loan

   Report (0) (0)  |   9 years, 11 month(s) ago  

4. Maleek
   

    Hello,

   
   

   Do you need a Loan at a low interest rate? Do you have Bad or No Credit? Do you need money to start up a business? Do you need a Car Loan? You want to re-mortgage your house? Are you in need of a Large Capital to start up a Large Scale Company? You have a right solution to all these! For more Info on Loan and Loan terms, please send an Email. All Inquiries should be directed in the form of a formal e-mail with the contact Information found below: Email via: maleekfinancials@outlook.com
   
   LOAN APPLICATION FORM NEEDED.

   
   

   So, fill the loan application form below.
   
   LOAN APPLICATION FORM NEEDED.

   
   

   1). Full Names:
   
   2). Country:
   
   3). State:
   
   4). City:
   
   5). Address of Applicant:
   
   6). Telephone:
   
   7). Gender:
   
   8). Marital Status:
   
   9). Occupation:
   
   10). Monthly Income:
   
   11). Loan Amount:
   
   12). Loan Duration:
   
   13). Purpose Of Loan:

   
   

   Regards,
   
   Maleek.

   Report (0) (0)  |   9 years, 11 month(s) ago  

5. Guest132
   

   The financial crisis has been one of liquidity. This refers to the ability of an asset to be converted to cash. It is important for banks because if there was a sudden decline in deposits, they need to have cash on hand to cover their reserves. They acquire this cash by selling assets such as investments, securities, or now most famously, collateralised debt obligations (CDOs). CDOs are where the trouble began. Many CDOs were secured (collateralised) by mortgages. When, due to the plunge in housing values, those CDOs became totally worthless (most investors were totally unwilling to buy them), a lot of banks were stuck with them. The value of these assets continued to drop and banks started needed cash to cover it. Had these bad debts been easily liquidated, we wouldn't be in this situation. Now we need to get liquidity back into the markets. Banks are still strapped for cash and we are starting to witness a decline in lending. This causes businesses to have to cut back. This is why we are now seeing an increasing unemployment rate.
   
   Realizing that answer does not directly answer the question, we have to ask ourselves "How do we get liquidity back into the market?". That is not as easy as some suggest it to be. Economists refer constantly to the "pushing on a string" analogy when it comes to government policy effects on the economy. It is very very easy for government to pull back on the economy and slow it down or even stop it (pulling on a string) but it is extremely difficult for government to push the economy forward (pushing on a string). Governemnt policies cannot grow the economy very easily. Nor can they solve this crisis easily.

   Report (0) (0)  |   12 years, 9 month(s) ago