<<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
- @- l, e' i5 D) P6 ]  nWhy bank will sell 借據給第三者???
% W6 t: \9 }& i1 ?I was so confused.....
  t) [5 J5 S' y& [6 G
# Z& h9 O: l2 B
講到尾都係賺錢
2 u6 {- d; b( }' Y" n' Zso銀行可以不斷放款
1 A8 d0 C8 G& \6 P美國的房貸問題散佈到全世界$ O6 s5 t! Y; S: v) s1 c' l
* L* A: C! ~. t8 [; }/ X# `
mortgage loan 3 E6 H% U, t7 B; C3 J$ H
>conduit
2 F9 j4 k0 N: T0 [( T4 v0 k0 L1 f% X+ M$ u>RMBS(Residential Mortgage Backed Securities)
: Z% Z0 ]* ^7 H& S5 Z# N0 `>arranger
# E1 i8 d* l: B) n+ A  L>CDO(Collateralized Debt Obligation)
4 s( u% k0 M. k4 }- k' I7 }最後去到投資者
i thought it is the reason of rate of return.8 E1 ?7 ]( N- g" z0 v% V/ s
CDs could have different ratings, AAA -> F,
% w# w! [+ t  r5 C4 y: b# m6 d$ b, Tmore risky ones would have higher premium (interest rate) as a compensation for an investment.
& G3 A9 I1 j3 F: Dmain reason why ppl buy those risky CDs is because the rate of return exceeds their internal rate of return,
5 ~, d) `5 z7 Lin other words, the interest rate of that investment > their required interest rate, therefore they invest in those securities.
# ]; H2 F/ W& `, Z* b3 {! w' A8 fAlso, fund managers would include risky assets in their portfolio for different purposes, eg efficiency.
. V$ R# ^' Q4 X  ~* Asimilar to bonds, CDs trading in the secondary market have different value at different times,7 D  s! n: s- X! c
normally the value is calculated by adding it's principle and interest.
4 o$ \, A+ f# J4 o1 ~eg. the value of the mortgage+the interests to be recieved in the future. $ ]* C% Y. i5 U; w" \0 B$ O
banks 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* X: i! _+ o4 s- B$ T
* V( G! s  J& `2 B
im not quite sure if the multiplier effect does really matter in this case.
$ u3 p  N- T! e2 p6 b; xin stock market, it's the demand and supply pushing the price up/downwards.
! w+ J- i$ |$ z8 d, CFor eg, A bought 10000 shares @10$ ; B sells 20000 shares to C @ $12,& P3 J% x0 I9 C' P, a, _
A's shares would suddenly increase to $120000 from $100000 which does not invlove any $ transaction.
3 e& ~) j1 J; t9 V, kThe 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.
- ]# [. p2 V) }/ h7 Mbut the value of their assets did really drop significantly.
" N0 P6 y6 O0 w4 A5 n8 W4 \0 W# k$ f: ]- T; x+ e* j7 x$ n$ Q& q
[ 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
9 G3 Q3 l0 D3 J8 T9 oRefer to last example,
3 w' s2 Z8 V0 m- [1 C5 E+ }# ~2 x5 S4 xthat means bank A have no money because we borrow 10 dollars from bank A 9 u( a! i5 A3 a: m0 ^$ V% W5 e0 j7 \* ]
Because bank A doesnt have enough cash on hand
+ o' g' ?9 D2 y* n2 ktherefore bank A need to be bankrrupt ??? Am I right ?? ...
% |# d0 v- r/ y& v. k' ~

1 ^/ H7 M* H6 J% Z3 T  r/ q
6 M4 F' _- o, t6 ~3 \A->B->C->D->E
: q5 `1 X  L7 o8 J' B# g% Kso does it mean if E failed to pay D, - [) o8 B( X4 \! N9 b
all the B,C,D,E have to go bankrupt?% Y0 h8 N3 {& l
9 X' [% N% u5 j' @" U

6 k+ H+ J# _" T( I! Z; Y- w5 qthe multiplier just tell how much money created in a whole economy, ' K; m% j+ z# J! g( `+ [; i
in this case it doesnt really matter how much money is created,
3 F4 t* Y0 y4 ~$ E" `: _6 B! _it's the problem of the debt itself.
  J2 k- e" ~* Zthe 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.gif3 [! E' W# w9 z5 K& W
小弟一直都唔明...
* }. D) N: H1 E1 ?4 s. J# T% f4 ]4 q2 ]; \/ S/ }0 L+ O2 }: L3 b5 t# Q
全世界都蝕錢,咁邊個賺緊錢呢?
9 y0 L& Z" I  n; ]% }1 l% i; ^' r) I# s7 g& _6 ]! t
無可能淨係有人蝕錢無人賺架嘛...5 n. j0 o- ]8 ~) X. T6 f' J

- y) h3 G  |8 `# j5 J' J0 j' U) V敬請各師兄解答
9 q0 Q0 y- ?. A* F
! [- T; `& }0 A, n% @5 c/ }Thanks
- g4 d4 n4 @  }% B
那些根本係 紙上財富  $ k" m1 v9 N. z+ Z7 }5 I* W
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
8 S) G  D4 J- f9 G9 b# \" S. J6 A: C, U
http://www.thedeal.com/newsweekly/images/100608_NWleverageFloChrt.gif
其實個D錢係你可以當係虛擬資產# L1 p$ L+ a7 g) H/ f& H
當經濟好,投資銀行相信會賺錢, 物價既估值相對較高
8 w7 q0 c: M5 X7 z4 {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0 n6 A9 m6 x7 D( y% A
個件物價係市場好既時候升, 例如15%先算,變左12蚊啦
5 Q' X" a5 W6 I  c6 b( O) H扣番利息當10里, 咁公司都可以賺左11.5-10(1.1)=0.5蚊,3 D4 x2 F' d0 [& {' \5 M+ P. k
計番回報率就已經係50%,所以可以好好賺2 ^6 C/ I" @) J$ q/ v
前提係銀行之間要互相信任先可以咁樣借法
$ V" V; r1 u8 R5 f9 \同埋個市場既前境要係好先得) Y! s, ~* |2 Z$ I4 V. t
但當經濟一差,公司估值趺了,物價不升反趺; X! `3 D& ~. O+ t
例如剛才說10蚊的, 趺到得番9蚊, " G$ [8 H7 P% L4 z3 p+ B
咁投資銀行一下子就要還11蚊, 一來一回變左虧200%
( E" }+ t; w9 `7 s5 V+ h所以你就會覺得D錢好似蒸發哂咁
9 R+ B2 g3 N' t; ?5 ~: S/ J
! k7 `% V1 ?, s; z3 N1 x2 J你都可以當標野咁諗, 個樣野多人可以狂升值, $ ?' K! |3 j8 M4 n8 e
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, 1 i0 C6 w3 Y% D8 L6 N' _
淨如你簽左卡, 呢刻爆卡,咁d去晒邊?咪之錢用晒,
& X  ]$ O- U& i2 t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
! T3 T( x( @3 A( }5 a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.gif$ A7 S1 F& ]. q" l! X3 \% ^
唔係d錢蒸發, 而係比美國佬洗晒未來錢, " F8 h2 I# R: Q
淨如你簽左卡, 呢刻爆卡,咁d去晒邊?咪之錢用晒, " ^8 S; D( m0 `+ S4 j( y
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
/ [2 {; q0 c+ w0 n0 e8 n咁你話d錢蒸發左去邊? ...
' K2 o: i) }& F- r- B9 G
0 _" z4 |" R$ H- o. k正係咁樣
% _! U6 C/ G5 |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
4 w1 G! S) I  l# e5 k分分鐘佢地唔使還錢% b* J0 {4 u! Y% I; U

9 l7 }0 N2 f0 h+ o0 c) F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,7 V& m& z' F2 O- F* e4 X
連國家都係問人借, 不停發債券, 印鈔票
- a% i+ ]9 d+ \, n* u6 q& w一個國家好少出口, 而又大量入口 ,反映到佢唔多生產
( y3 @  R4 k6 M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.gif6 T. m8 x$ s8 F. {5 H1 }4 l9 w
咁而家"爆哂煲"算唔算先至係變番"正常"???
$ _2 e- T( l8 g0 M5 N
" P* p7 C( O3 p/ _* [! C
其實係...
; N7 f9 M) s3 b7 k因為以前未生產, 先消費
4 X6 q4 b1 V& K$ J: M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。