<<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
# A* B( [  j/ f( q4 c9 P1 U" oWhy bank will sell 借據給第三者???
; L% J+ T& C, k; x+ K, iI was so confused.....
4 e# c: ?' v9 O* o4 t2 _

3 s! k- C' Y; U" t% z講到尾都係賺錢
  ^  w$ e" Y) Mso銀行可以不斷放款! G) a: J! n. q( `
美國的房貸問題散佈到全世界
" H" g* n$ O+ N  g& Z" }" _; ]0 a; _6 V, W0 I) G0 M
mortgage loan
- u1 v, K. @6 l) }>conduit! ^( d  j* y2 V7 U; [; b, ]
>RMBS(Residential Mortgage Backed Securities)  Y9 I2 p* l& j: f
>arranger6 N. S3 ^1 N2 e* M" N7 [/ F
>CDO(Collateralized Debt Obligation)6 F/ o: e( n* B1 V
最後去到投資者
i thought it is the reason of rate of return.8 H5 m6 z% _& ?5 w" Y7 I
CDs could have different ratings, AAA -> F,
2 H/ c. |- X8 W( e5 h, s  wmore risky ones would have higher premium (interest rate) as a compensation for an investment.% B& l! @! ^, v7 e
main reason why ppl buy those risky CDs is because the rate of return exceeds their internal rate of return,3 F7 D/ d' d7 g
in other words, the interest rate of that investment > their required interest rate, therefore they invest in those securities.
! v1 ^/ M5 r  H8 F( ^# sAlso, fund managers would include risky assets in their portfolio for different purposes, eg efficiency.. p6 }) L' S! q- v  W  W) w: Q
similar to bonds, CDs trading in the secondary market have different value at different times,4 o, `5 [2 Y4 L% v  m8 [$ z
normally the value is calculated by adding it's principle and interest.
" n& I# y/ d+ seg. the value of the mortgage+the interests to be recieved in the future.
1 T- V3 {! u9 y; Ybanks 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.2 n8 E$ ?2 A* ^5 W
0 Z* G) j/ }: f& W" J: y* z/ q
im not quite sure if the multiplier effect does really matter in this case.; G% {& b6 x$ P/ k7 [
in stock market, it's the demand and supply pushing the price up/downwards.
7 t* S; [: h  Z& eFor eg, A bought 10000 shares @10$ ; B sells 20000 shares to C @ $12,
& x! o4 b1 M& w& jA's shares would suddenly increase to $120000 from $100000 which does not invlove any $ transaction.
3 f5 i! @+ A( ~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.
% o6 _, W6 \3 d1 ^. Xbut the value of their assets did really drop significantly.
3 r$ L' N/ I6 t1 @* ^4 N  t# m" {  N1 R9 a: E& W
[ 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; a6 V! F( r8 \: C8 ~
Refer to last example,2 t, q# S6 b6 m% s8 V( \1 h* w
that means bank A have no money because we borrow 10 dollars from bank A
  e6 h1 B( e. H  I7 z4 P. h0 ~& \" Q1 z/ @Because bank A doesnt have enough cash on hand
# t, X3 r! l) G4 Ptherefore bank A need to be bankrrupt ??? Am I right ?? ...
) k( l2 F) _1 t3 S: M' _( c) |) \# d- [  u, m8 o: u: k. f/ `
9 {+ j9 b4 V: x9 \$ P) U! |* r5 `
A->B->C->D->E
! _" v' Q5 m$ ~" z5 ~3 U  v/ ]+ R9 rso does it mean if E failed to pay D,
5 R, `3 o# y! W# o; n- O9 rall the B,C,D,E have to go bankrupt?
& c4 z7 x+ s. @7 |) I) W
* S: Y' s/ ]) z0 Z! S$ ^* l( a' K, }# `  \1 r
the multiplier just tell how much money created in a whole economy,
1 A. L% W) @8 \& M# {! F/ ein this case it doesnt really matter how much money is created,
- W. F* r0 v; {% D2 b" ?! Git's the problem of the debt itself.( T* r5 u/ g0 q/ I( j1 F6 ~0 C3 J
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.gif9 ?4 U# f  r& f' l7 E- F
小弟一直都唔明.../ {! Y/ v1 @3 ^% F- L

5 v+ z& X7 z7 G7 I( }8 ^全世界都蝕錢,咁邊個賺緊錢呢?
+ |# o$ W, h4 ?4 L* }$ d
- h1 @8 \1 }5 A/ A無可能淨係有人蝕錢無人賺架嘛...4 m+ h% A5 }/ x  m" B" V

8 x) t" A1 M. h+ ^+ M; |敬請各師兄解答- |, v. T; P# H, c% S5 [$ t' O

1 b% P6 k2 u- BThanks
  w- d: f5 g! \2 i& Z那些根本係 紙上財富  9 o8 e9 ]4 ?) U9 C" l' ?, h) F
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
# E- t, ~* Q' ?: Z5 _
* Z7 Z) R8 E6 R" ?$ ], Dhttp://www.thedeal.com/newsweekly/images/100608_NWleverageFloChrt.gif
其實個D錢係你可以當係虛擬資產7 H9 z4 W8 f& n: j# i- ^  Z
當經濟好,投資銀行相信會賺錢, 物價既估值相對較高, s* Q7 x3 l" B: d" \: k5 Y6 y
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
+ v1 ?9 p0 F: _0 s9 I/ o+ Z個件物價係市場好既時候升, 例如15%先算,變左12蚊啦$ v7 T$ v/ O- p7 ]6 L
扣番利息當10里, 咁公司都可以賺左11.5-10(1.1)=0.5蚊,% X  _1 t( U( r1 r% y3 t' H" _
計番回報率就已經係50%,所以可以好好賺7 ?4 V, E) F9 O$ a! q. [
前提係銀行之間要互相信任先可以咁樣借法/ G8 u& [" f) o" I9 ]! U
同埋個市場既前境要係好先得
  U) W1 U: P8 a* X' W7 V" f但當經濟一差,公司估值趺了,物價不升反趺! k2 e1 ~' L3 |: E" M
例如剛才說10蚊的, 趺到得番9蚊,
* w5 U. b$ M! x6 n% X9 \6 j2 J* {! t咁投資銀行一下子就要還11蚊, 一來一回變左虧200%4 }) U3 a5 t, z
所以你就會覺得D錢好似蒸發哂咁
; ~$ T% c& I# [- p9 ?- j% H
5 |9 E4 a+ M+ ^" ?: M你都可以當標野咁諗, 個樣野多人可以狂升值, 8 k0 t% h1 O) [& ?  m! q5 R4 y, R
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 N6 n1 {0 U  v* ]# i3 i, [淨如你簽左卡, 呢刻爆卡,咁d去晒邊?咪之錢用晒,
1 Y  W7 T5 ~, m8 U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
! b9 c# u9 D; r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$ R- O1 s3 k7 ^$ a8 S1 |
唔係d錢蒸發, 而係比美國佬洗晒未來錢, " k0 _% _% v& ^; y, ~# b
淨如你簽左卡, 呢刻爆卡,咁d去晒邊?咪之錢用晒,
( H; i7 _! V. ~% E: F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
& u9 I8 O1 w9 }! e咁你話d錢蒸發左去邊? ...
- H. a7 k% I( X$ t: E. {0 @

8 _/ j$ F+ z7 J正係咁樣4 [' |4 ?- W) x
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/ }# N( Q. H% z. Q( m: |
分分鐘佢地唔使還錢
+ ]) N, x$ g! X' \( @
! f& a2 Y1 x! N& Q8 D+ ]1 |! x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,4 e; u" J( O# ^  L6 C$ ^) i
連國家都係問人借, 不停發債券, 印鈔票2 r3 ]$ t; Q! ]
一個國家好少出口, 而又大量入口 ,反映到佢唔多生產
( T4 S9 G/ f. p7 z; T9 n. h& z0 b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
; O6 d1 C7 r. H7 v$ a) a. S# w0 C咁而家"爆哂煲"算唔算先至係變番"正常"???
: |3 |" G3 X2 U( Y

$ M- O/ d5 r4 u, {9 G其實係...
( B# Y% x/ |3 }* i因為以前未生產, 先消費
- Q) j4 V* g- ~$ k$ d1 g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。