<<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% r2 I& U# k& o  N
Why bank will sell 借據給第三者???
: j% ~6 w* `( t* _I was so confused.....
, l9 Z6 |, C! }3 ]
" g: G1 k" n3 y# E
講到尾都係賺錢* ]+ n8 v( ]' Q: f8 A* {5 h
so銀行可以不斷放款
8 F- }& i- t4 r: H美國的房貸問題散佈到全世界& \5 \" M& l1 Q/ y# S/ h
7 H2 q1 r; c( h4 x7 \
mortgage loan
; S% ]8 P* E# o3 t>conduit
2 p6 V0 i( b+ O) _, m& m>RMBS(Residential Mortgage Backed Securities)1 U3 l' c7 K: Q  V) Q2 u
>arranger
8 b# g' {, p! K$ h4 H& C/ J4 r>CDO(Collateralized Debt Obligation)
# }, t% E, {: f2 H$ i最後去到投資者
i thought it is the reason of rate of return./ {  G  G+ j6 z+ A# Y
CDs could have different ratings, AAA -> F,, ]1 l0 ~* \( t( ]  B( j0 ?# p: e
more risky ones would have higher premium (interest rate) as a compensation for an investment.
# c& [* g6 t' s1 W2 l. Y. z! Bmain reason why ppl buy those risky CDs is because the rate of return exceeds their internal rate of return,
6 p2 l' j, @9 k% w( o% U9 E* ?in other words, the interest rate of that investment > their required interest rate, therefore they invest in those securities.
5 F; h' S" i3 g' F9 z& _Also, fund managers would include risky assets in their portfolio for different purposes, eg efficiency.
! k$ L( u1 X3 Q+ A7 I0 ]similar to bonds, CDs trading in the secondary market have different value at different times,1 [1 E7 I$ {- W( b
normally the value is calculated by adding it's principle and interest. 7 Y, H+ x1 W6 c2 ^
eg. the value of the mortgage+the interests to be recieved in the future.
% A& y$ L2 h, `: E: _. Fbanks 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.
1 Q5 ~' ]3 `2 }& [' m2 f# }: g) m0 S: h7 d9 ~  A$ C  k  _+ Q
im not quite sure if the multiplier effect does really matter in this case.+ n, S0 E/ ]: T) a$ k4 R
in stock market, it's the demand and supply pushing the price up/downwards.- Q0 m1 E$ D7 z3 C& L/ l* v
For eg, A bought 10000 shares @10$ ; B sells 20000 shares to C @ $12,
0 b9 _! X; O- F3 E; nA's shares would suddenly increase to $120000 from $100000 which does not invlove any $ transaction.
$ e  L' D, m! b& t/ l  MThe 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$ o! z+ I1 J1 w) P2 Z1 obut the value of their assets did really drop significantly.0 V3 z1 `6 |+ [8 A/ _- C% `- t
8 ~/ A' r  e: y" ~
[ 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.gif5 Z3 \2 M# U1 A: G" b! \/ |. C
Refer to last example,- ~* s8 M: F+ F- h- R/ h1 a7 h" E
that means bank A have no money because we borrow 10 dollars from bank A - Q# m- q( v* [) |
Because bank A doesnt have enough cash on hand & K% j, p, f, s/ k7 f9 w+ c( Q
therefore bank A need to be bankrrupt ??? Am I right ?? ...
* Z" a! E& a" d2 j+ ^% Z1 \
3 c3 `) R0 B9 ~6 v! [  g

+ k% W& _+ {# B$ N" d! P- E6 O6 hA->B->C->D->E5 j' @- f( F6 q2 }+ }
so does it mean if E failed to pay D,
* f. `* c1 M; `5 d* @all the B,C,D,E have to go bankrupt?" H( f% s$ [" _

5 B; U& K& ?% ?$ L& T
5 f" l, B1 `: Y' @the multiplier just tell how much money created in a whole economy,
' c1 g- _- j; U8 y8 \4 m. F8 Cin this case it doesnt really matter how much money is created,
( T8 l* T' Y, ]) Xit's the problem of the debt itself.
( Q7 D# z- l, m4 o- Z3 j8 u' Wthe 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
+ M% B$ i2 t% I3 n4 {小弟一直都唔明...
; x. R& U7 b" W% b/ q
% y8 s4 d5 H) u( H) P, x5 ^全世界都蝕錢,咁邊個賺緊錢呢?2 ^- c- B& I/ p

' l5 N4 e+ c( z4 c8 s無可能淨係有人蝕錢無人賺架嘛...
; f: ]/ R' g( ]" G5 H5 _4 H+ X2 v9 v) P5 e1 d2 e
敬請各師兄解答
3 ^4 S/ x0 N2 j7 B, v' R2 x( v+ c; R% r7 K! j6 S) c+ k
Thanks
" Q4 x& c( x0 d& m4 m, K9 c
那些根本係 紙上財富  / R, D8 Z! D/ C9 O! t. d  x0 Z
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
9 U2 g$ ~- a* S( w' q
  o$ v9 b. |) j* O2 V  Fhttp://www.thedeal.com/newsweekly/images/100608_NWleverageFloChrt.gif
其實個D錢係你可以當係虛擬資產; n. D* f2 ~$ Z# q) C' Q7 @
當經濟好,投資銀行相信會賺錢, 物價既估值相對較高
. q" B% O* o7 J' d5 I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% E* E6 S8 R& v# q' V/ [- h8 T
個件物價係市場好既時候升, 例如15%先算,變左12蚊啦
( }9 ?* ~* m1 ?7 d扣番利息當10里, 咁公司都可以賺左11.5-10(1.1)=0.5蚊,
3 R9 o/ H8 o5 g1 f, z3 u, @" @計番回報率就已經係50%,所以可以好好賺
0 V; e" H8 _/ ^+ \! }前提係銀行之間要互相信任先可以咁樣借法
' Q; v: M, K6 w; T+ |同埋個市場既前境要係好先得
. |  j; V. X8 b" B4 L但當經濟一差,公司估值趺了,物價不升反趺- p9 v' r5 w0 p" g. J2 R/ f6 s
例如剛才說10蚊的, 趺到得番9蚊, * \2 _+ |! N+ L: R% Z0 A( E. x' S
咁投資銀行一下子就要還11蚊, 一來一回變左虧200%
7 e+ N& q1 v! v8 r( [所以你就會覺得D錢好似蒸發哂咁3 G$ V2 p+ c& u* t1 ?
4 ~/ F. v7 x5 U
你都可以當標野咁諗, 個樣野多人可以狂升值,
. L2 [( t& Q7 O2 R' n7 S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, 5 @3 o3 M% v% U5 ?9 ^+ r) J
淨如你簽左卡, 呢刻爆卡,咁d去晒邊?咪之錢用晒,
/ n8 W: z: {! c5 M6 [0 D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
; c; u1 v& ?, Y2 j) s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
% U( U' I0 O  E唔係d錢蒸發, 而係比美國佬洗晒未來錢, $ C) `& x% G+ t  I# A
淨如你簽左卡, 呢刻爆卡,咁d去晒邊?咪之錢用晒,
9 \5 N5 m3 |% J* \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, M/ i" F& e6 w9 C. e& Z! E. V
咁你話d錢蒸發左去邊? ...
- ]5 t* Q+ B/ p+ ~5 S. B

/ m1 |) u& |, `+ V正係咁樣/ b# q! l1 U& 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. D- y4 [) J, Z: C$ S5 U- e: W# m, E1 B
分分鐘佢地唔使還錢- N6 ?& L. ]2 _  `* A

( o; n& I% D- V9 N9 p( O% P# }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,
+ A) o4 H3 J8 u1 g* P連國家都係問人借, 不停發債券, 印鈔票
5 o! G6 C8 a1 m; v一個國家好少出口, 而又大量入口 ,反映到佢唔多生產
: j2 y+ _8 g: }, }( M5 g; l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
  k! {# K& D+ Z咁而家"爆哂煲"算唔算先至係變番"正常"???
0 a2 Z  x2 ?& i8 `
- y7 h. z: c1 |8 V6 u8 Y
其實係...
% j1 B3 c8 O5 V' T% M6 Z$ P因為以前未生產, 先消費3 _' ~+ E6 w3 C! E0 x
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。