<<新主題 | 舊主題>>
娛樂滿紛 26FUN » 吹水版 » 全世界都蝕錢,究竟d錢蒸發左去邊?
返回列表 回復 發帖
原帖由 balachiDavis 於 2008-10-8 05:56 PM 發表 http://www.26fun.com/bbs/images/common/back.gif& A3 D. D/ c% P4 o, b% _
Why bank will sell 借據給第三者???
# ^7 Q+ G9 O7 }. l9 k# oI was so confused.....
" b$ n; g; {' d, G
1 }# T6 ~5 r" N- S; p) C講到尾都係賺錢' ]$ b% I5 E$ n4 R" [! P  B7 p7 E
so銀行可以不斷放款& }5 Q& }+ V: d5 }9 q" ]3 |
美國的房貸問題散佈到全世界7 O. R: s* l$ ]9 f2 W( ~
, Y- `! C9 o' l  E  L) {& ~6 n3 n) ]  S
mortgage loan
0 ^& L3 D: l# v7 R- x( B- w>conduit9 v* a$ ^, Z( H" y2 v
>RMBS(Residential Mortgage Backed Securities)2 P- g6 ^2 r/ c2 R: W
>arranger
6 g3 l) b& P& C7 N2 b>CDO(Collateralized Debt Obligation)# S4 i6 c6 R) _2 V
最後去到投資者
i thought it is the reason of rate of return.& W+ C5 J6 M# ~# n5 x
CDs could have different ratings, AAA -> F,4 C0 A9 I. M2 y1 A& T
more risky ones would have higher premium (interest rate) as a compensation for an investment.8 Y9 }: H( Y" i4 a4 [
main reason why ppl buy those risky CDs is because the rate of return exceeds their internal rate of return,
0 A' ~2 T0 [- [- E$ N1 D% `in other words, the interest rate of that investment > their required interest rate, therefore they invest in those securities.
8 L+ n  I/ @( S. N- X$ M- K' oAlso, fund managers would include risky assets in their portfolio for different purposes, eg efficiency.; s/ ]7 B0 y" {0 p1 ^
similar to bonds, CDs trading in the secondary market have different value at different times,
4 x/ w- a/ _* R, z" R7 nnormally the value is calculated by adding it's principle and interest. * t" ]7 I8 A  s" n1 D3 d
eg. the value of the mortgage+the interests to be recieved in the future.
  }3 Y+ p- b3 q# I2 [8 Rbanks who sell the CDs, could enjoy a few benefits like, the present value of cash and passing the risk of holding a debt to another party.: C; J6 G$ b0 k1 R5 E0 p: b0 E

0 Z0 p, w4 ?: m! n2 B7 D" B( Vim not quite sure if the multiplier effect does really matter in this case.
- q( s/ i2 s) j: A, m7 tin stock market, it's the demand and supply pushing the price up/downwards.
+ Q. g, z2 g8 J; f; Z" \) xFor eg, A bought 10000 shares @10$ ; B sells 20000 shares to C @ $12,
( ?  K) q, o' q7 }% W$ D" dA's shares would suddenly increase to $120000 from $100000 which does not invlove any $ transaction.
" v9 z9 M- f" H- l$ S7 pThe capital loss that ppl suffer nowadays, i believe, most of them does not really suffer a real $ lost yet as long as they dont sell their securities. ( }& S, {! Y/ m+ ?: {
but the value of their assets did really drop significantly.) G4 I; @4 H$ O! z' a& J) _
- t5 V/ V" a- E
[ 本帖最後由 Kev 於 2008-10-8 07:26 PM 編輯 ]
原帖由 balachiDavis 於 2008-10-8 04:09 PM 發表 http://www.26fun.com/bbs/images/common/back.gif
7 c* r) B. t0 m, S! fRefer to last example,
& x& ?8 Y5 b. ^9 a+ f/ ]9 m# Tthat means bank A have no money because we borrow 10 dollars from bank A
& [. Y( w" c5 n5 k& HBecause bank A doesnt have enough cash on hand ' S% G" t7 B0 s* ~; _: \% h- M
therefore bank A need to be bankrrupt ??? Am I right ?? ...
# K% Y2 v7 H' r. r! g% X8 s: Z7 L8 H

% G: d2 @( }2 s  w' VA->B->C->D->E
$ b$ A$ h# i! W6 Z% G  Iso does it mean if E failed to pay D,
" b# }# w" f; b* `  l) _$ M& Q% Hall the B,C,D,E have to go bankrupt?1 x0 ~9 Q9 a6 M% ~3 Q) c

* A7 D/ D. r2 O4 K4 T) k( g; B6 D0 n- z, j5 k& V' w! s
the multiplier just tell how much money created in a whole economy,
9 d5 v( J9 I# c  ^: Xin this case it doesnt really matter how much money is created, ) A& w1 \# w- O8 `: O
it's the problem of the debt itself.
( i$ Z( m) }* I" Nthe debt(securities) is bad, faulty, that harmed the whole system.
原帖由 kerr12ca 於 2008-10-8 02:44 PM 發表 http://www.26fun.com/bbs/images/common/back.gif- v/ y$ j. d$ v) }% g+ H+ e
小弟一直都唔明...
+ T, q$ M$ r, \  f: x- M* t. `" O2 `! C" A0 y# B7 k
全世界都蝕錢,咁邊個賺緊錢呢?& f0 J- K1 d  Y# S: W$ \7 u
/ ~4 i9 Y4 b* x7 [( {' g6 z$ r
無可能淨係有人蝕錢無人賺架嘛...: m" I- M0 e" R7 [* e
0 k, e3 W6 t% Q6 N: @1 ]; |
敬請各師兄解答8 B8 W! C2 A& ]

8 }' M& F- \3 u# M8 dThanks
  D' {: V& Q6 m0 P9 e8 k
那些根本係 紙上財富  - s9 E7 J+ ]% S3 W5 [
各式各樣的證券被炒到上天 你一樣唔賣那筆錢永遠都不是真的存在
with regards to the current crisis, Chain of fools does a reasonable job of explaining what happened with a nice graphic
3 w. O3 m% h) a, z" A# B( {8 Z. [' m8 L( |
http://www.thedeal.com/newsweekly/images/100608_NWleverageFloChrt.gif
其實個D錢係你可以當係虛擬資產7 J9 n. U! @4 f' @' T/ a# ~
當經濟好,投資銀行相信會賺錢, 物價既估值相對較高
7 {3 T! F+ o0 Y- B0 ]/ `於是投資銀行就去搵銀行抵押借錢投資, 打個比喻1蚊既野借10蚊& {7 V9 j: _2 Z
個件物價係市場好既時候升, 例如15%先算,變左12蚊啦6 a5 t9 i5 f/ W6 T; T! n" n
扣番利息當10里, 咁公司都可以賺左11.5-10(1.1)=0.5蚊,
$ M+ {3 v( p' \3 f計番回報率就已經係50%,所以可以好好賺
0 U6 p; m: |0 x* A2 a9 H6 ~前提係銀行之間要互相信任先可以咁樣借法% n0 A# ?; C. n+ Q& j. N
同埋個市場既前境要係好先得
# N2 A3 d; J2 X# \3 m3 l但當經濟一差,公司估值趺了,物價不升反趺+ H' u1 C# D; M# J
例如剛才說10蚊的, 趺到得番9蚊, + V% M9 j0 e  i3 E/ p
咁投資銀行一下子就要還11蚊, 一來一回變左虧200%
+ H) `4 ~8 G6 ^% E) E# ?, P- B所以你就會覺得D錢好似蒸發哂咁
& y5 J. q7 G, B4 T8 ^1 U1 f) b0 F7 O6 e2 e
你都可以當標野咁諗, 個樣野多人可以狂升值, $ `  B1 v8 Z( B4 _* ]9 d7 q
但當冇人要既時候一蚊都唔值...中間D錢其實真係冇人話賺左~
唔係d錢蒸發, 而係比美國佬洗晒未來錢, 3 I' F5 p) U9 g" @) Q* T
淨如你簽左卡, 呢刻爆卡,咁d去晒邊?咪之錢用晒,
% n7 ^% x. f# @; x# i, I5 k呢刻樓市爆, 原本冇錢買樓既, 又係問銀行借但又唔留錢供, 既然冇錢還比銀行1 U! D% v2 W, J% a6 c4 Z
咁你話d錢蒸發左去邊?
原帖由 kuru 於 2008-10-12 05:08 PM 發表 http://www.26fun.com/bbs/images/common/back.gif0 M" s) w* j. c# j/ o9 \( Z$ ~
唔係d錢蒸發, 而係比美國佬洗晒未來錢,
, n0 T0 H. ~" C+ J7 x; Y3 v% E淨如你簽左卡, 呢刻爆卡,咁d去晒邊?咪之錢用晒, * a2 f% |0 [% v8 W0 t3 T. h8 `
呢刻樓市爆, 原本冇錢買樓既, 又係問銀行借但又唔留錢供, 既然冇錢還比銀行
, @6 m5 ^3 \( f咁你話d錢蒸發左去邊? ...
2 ~2 J+ E, N" b% L

2 @6 ^% x/ p) F. N) a% C6 N正係咁樣
. o: Y9 |2 L0 W# k1 L其實, 以個人立場去睇, 美國好多市民都唔怕銀行/財務/投資公司結業
+ c( I6 ?: N, T/ ?, ^分分鐘佢地唔使還錢# i9 W2 S6 X# ]) u# g$ h5 o
4 }! C& _% ]/ Y; k0 h
再講, 美國人先洗未來錢應該係世界第一, 唔知點解無錢都可以買咁車買樓,
3 C" ]5 A3 ?9 {% F+ Q. }連國家都係問人借, 不停發債券, 印鈔票
- g( C" M/ j$ D: e. B一個國家好少出口, 而又大量入口 ,反映到佢唔多生產, k* \6 B- `- W1 c+ T7 Y
編編唔生產又使用物品使用得最多, 美國就係咁既情況
咁而家"爆哂煲"算唔算先至係變番"正常"???
原帖由 Jk 於 2008-10-22 02:15 AM 發表 http://www.26fun.com/bbs/images/common/back.gif
* d2 D5 @2 X& g/ \3 ^/ m; u咁而家"爆哂煲"算唔算先至係變番"正常"???
4 Z0 p0 Y+ Y8 {& [

* F! e8 K$ f& I+ n. A( |  C其實係...) K+ o# ~3 I( t* v
因為以前未生產, 先消費
5 L: r: P. @; ]4 M1 B而家就要多生產, 少消費
返回列表 回復 發帖
<<新主題 | 舊主題>>
娛樂滿紛 26FUN » 吹水版 » 全世界都蝕錢,究竟d錢蒸發左去邊?

重要聲明:26fun.com為一個討論區服務網站。本網站是以即時上載留言的方式運作,26fun.com對所有留言的真實性、完整性及立場等,不負任何法律責任。而一切留言之言論只代表留言者個人意見,並非本網站之立場,用戶不應信賴內容,並應自行判斷內容之真實性。於有關情形下,用戶應尋求專業意見(如涉及醫療、法律或投資等問題)。 由於本討論區受到「即時上載留言」運作方式所規限,故不能完全監察所有留言,若讀者發現有留言出現問題,請聯絡我們。26fun.com有權刪除任何留言及拒絕任何人士上載留言,同時亦有不刪除留言的權利。切勿撰寫粗言穢語、誹謗、渲染色情暴力或人身攻擊的言論,敬請自律。本網站保留一切法律權利。