<<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
' V0 f( I, A. I; l- a3 B; i6 _Why bank will sell 借據給第三者???& z6 N0 [; Q4 Y4 B5 K. _
I was so confused.....
, c' w1 A' N  U* X% i
: a5 u% i3 B$ b. K
講到尾都係賺錢
" C9 ^  a: ?8 Kso銀行可以不斷放款" w, \6 S: w8 @3 a
美國的房貸問題散佈到全世界0 a- G0 b# F- p! h; b1 I
0 q, z) j; e' C% y- }% _2 K- @
mortgage loan / y; f. N' P! A0 O9 u3 h# j5 T
>conduit6 {6 S7 ]/ _) `5 H1 ]; e
>RMBS(Residential Mortgage Backed Securities)) p- m. D* x5 }8 M
>arranger& z) ~- D: d: J* J$ h
>CDO(Collateralized Debt Obligation)
# h* }4 D  e$ I+ s. v3 |最後去到投資者
i thought it is the reason of rate of return.: p% D  l5 d) o) X7 S  P2 c  C
CDs could have different ratings, AAA -> F,0 g+ @( i: ^, d- @: A
more risky ones would have higher premium (interest rate) as a compensation for an investment.
  Q$ W+ v* D& j, O, vmain reason why ppl buy those risky CDs is because the rate of return exceeds their internal rate of return,
3 |' U% l2 R: q( H9 Min other words, the interest rate of that investment > their required interest rate, therefore they invest in those securities.
9 n% q  T5 |. k; Y! S" |) cAlso, fund managers would include risky assets in their portfolio for different purposes, eg efficiency.
2 y% M- l! D2 k& @" n' g9 ]/ gsimilar to bonds, CDs trading in the secondary market have different value at different times,
+ J& ^2 l* G6 S: x; A6 Ynormally the value is calculated by adding it's principle and interest.
  B. I4 o# e; j) |  zeg. the value of the mortgage+the interests to be recieved in the future. & _" q5 p7 Z' U, A5 R2 c% s
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.- |0 f; K9 s" N; v, ?+ G5 C8 I0 T- B0 T
" h6 T8 o; V4 e- x: `  i) f& \
im not quite sure if the multiplier effect does really matter in this case.+ h4 V& N( T. t, [
in stock market, it's the demand and supply pushing the price up/downwards.: D5 \2 E. U9 q0 Y1 o
For eg, A bought 10000 shares @10$ ; B sells 20000 shares to C @ $12,
8 N: l# a. F, h+ Q0 QA's shares would suddenly increase to $120000 from $100000 which does not invlove any $ transaction.2 j$ t% w. {5 J$ B, `
The 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. , I5 Z# w; u, J. p1 R; s
but the value of their assets did really drop significantly.
0 t5 z- s! X9 J8 h
+ d7 I* k) v# K) q4 X! d[ 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
- a5 J$ ^' T, o1 A' V. Q" _1 aRefer to last example,
. ]2 H# _/ L2 i, X7 {- K, |  v. qthat means bank A have no money because we borrow 10 dollars from bank A % @5 n6 t8 D% p% Q5 |
Because bank A doesnt have enough cash on hand
# S, \6 o3 i: ?! _. Otherefore bank A need to be bankrrupt ??? Am I right ?? ...
) Z/ h8 @! P: U0 Q# U. [
3 n; V$ o* }2 W1 R5 y) \4 g; X! b2 e/ z* u$ Q) G+ x. L
A->B->C->D->E; W1 s9 R$ @" Z$ J  H
so does it mean if E failed to pay D, . v: z2 L% I( M# c. h( |
all the B,C,D,E have to go bankrupt?# O+ e5 e# d3 P) L, j. A( B

+ R9 {& \8 b, a$ H' {2 q* h
+ @) M. T$ l6 e" K! dthe multiplier just tell how much money created in a whole economy,
4 Z% O+ \9 M9 b* Lin this case it doesnt really matter how much money is created, 1 w! S3 l9 x( W" B/ \
it's the problem of the debt itself./ Q- |. G4 F, p7 `
the 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% X+ @8 A, X8 O3 F5 c  L2 K
小弟一直都唔明.../ g5 @: c9 O7 u" s% p
- k/ y( L$ C4 u
全世界都蝕錢,咁邊個賺緊錢呢?* [) P8 E8 A8 b% u1 S

6 ^/ i# X( i: y* R無可能淨係有人蝕錢無人賺架嘛...+ K4 q3 O1 }0 s; Q1 h9 j- O. {
; S0 E/ C6 Q* H
敬請各師兄解答+ l& T3 @) A" y# y; _& L6 z
' @2 k) A4 G3 H9 d* X* \
Thanks
6 X8 A8 ~5 u# z' k
那些根本係 紙上財富  
/ B" m+ l6 ?4 [4 M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, k4 e9 r1 q, t% |9 A

9 B; V+ c# b+ M0 b2 q* `http://www.thedeal.com/newsweekly/images/100608_NWleverageFloChrt.gif
其實個D錢係你可以當係虛擬資產! I6 E! V4 R2 ^4 @- m2 a6 s
當經濟好,投資銀行相信會賺錢, 物價既估值相對較高
- n% P2 @' P2 h' N7 U3 N- h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
* a: k" H# r# x7 n9 C. F: ?個件物價係市場好既時候升, 例如15%先算,變左12蚊啦
( k7 N7 j) i3 ~* z% @/ X0 o* U扣番利息當10里, 咁公司都可以賺左11.5-10(1.1)=0.5蚊,( X; `) y: ^: Z
計番回報率就已經係50%,所以可以好好賺
- B& X7 N4 E; q/ ~5 I  R, g& d) `2 [7 `前提係銀行之間要互相信任先可以咁樣借法
. e/ T* [" }: r; E同埋個市場既前境要係好先得
4 w. G" x: ~2 u+ S, l0 `但當經濟一差,公司估值趺了,物價不升反趺3 q" q- x( A+ B' S* s
例如剛才說10蚊的, 趺到得番9蚊, 2 O! j* T; Y% r5 K
咁投資銀行一下子就要還11蚊, 一來一回變左虧200%
* m5 G/ o; G, {# H0 w: }$ c) `所以你就會覺得D錢好似蒸發哂咁
: `6 E8 a8 |  k5 T+ Y% u6 Q8 W' [, A  g# v+ ^1 S5 [
你都可以當標野咁諗, 個樣野多人可以狂升值,
7 G/ ^( y0 t! K7 [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, 6 a4 N+ |/ h! H/ O$ k  F" b7 q# J$ e
淨如你簽左卡, 呢刻爆卡,咁d去晒邊?咪之錢用晒,
: u" N% E4 q7 x) G" \' B# s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$ g1 E- a7 z2 c
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  I6 z5 G0 Z# j9 R& v: i* I3 n* R9 @
唔係d錢蒸發, 而係比美國佬洗晒未來錢,
, w1 @9 u, G, t* ]9 t淨如你簽左卡, 呢刻爆卡,咁d去晒邊?咪之錢用晒,
( \( ]; p  C: I6 R% M0 i. _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
3 _0 J6 a0 F, m- X" D咁你話d錢蒸發左去邊? ...
" [6 X$ V! S" y( c
! R0 d1 I- s+ [; [9 K2 A
正係咁樣
9 f! J: Z: |7 t" }( W3 v& O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
" E! s  z" b( G. }分分鐘佢地唔使還錢- Z% P' c0 @9 i: f+ J+ `
; m! D. }3 S* w' `: L9 P  c
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,
: i4 H/ j) g5 M; ~$ t連國家都係問人借, 不停發債券, 印鈔票0 Z7 z* h5 V: d; w7 u; ~
一個國家好少出口, 而又大量入口 ,反映到佢唔多生產5 ?9 O1 o' [! Z
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
2 x: `$ J7 O- W7 @( F咁而家"爆哂煲"算唔算先至係變番"正常"???
" a: E, c) ?, a5 Y' Z2 T
4 N& t" B, e' j& e* b其實係...8 O  ?. e( b. C& _
因為以前未生產, 先消費
; G7 S) R9 f" Z. m$ u) k4 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。