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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (29731)10/3/2008 4:42:56 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 71588
 
Yep!

(But, as I've pointed-out... 'sub-prime' is but one contributing factor out of several. And the Global financial crisis is of far greater magnitude then just the sub-prime markets in America. The Credit Default Swap markets that have frozen now, for example, are *orders of magnitude* larger then the American sub-prime real estate securitizations.)