<<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
; C8 i+ G% T' v2 J' G% OWhy bank will sell 借據給第三者???
6 v4 g7 d# N2 V: f' nI was so confused.....
$ f5 o5 X1 x  R7 Y

' V( A8 ~* |: ]( z8 P講到尾都係賺錢
% u  R5 P' R( nso銀行可以不斷放款* ^& W# J" E' _4 w; w8 g2 c5 H
美國的房貸問題散佈到全世界1 e) f7 H# p4 t& C4 V$ T
* O5 y+ [$ W$ y! R& i7 b1 C
mortgage loan , T7 n, [" u; {. R* Y
>conduit$ s5 R  h6 \1 S4 O5 n
>RMBS(Residential Mortgage Backed Securities)
1 \2 w! A$ l( S0 r, U>arranger
* i# C  l+ U4 e  d>CDO(Collateralized Debt Obligation)) E5 l& J3 i9 q6 m1 Z, _
最後去到投資者
i thought it is the reason of rate of return.4 [' D. \/ f' H
CDs could have different ratings, AAA -> F,
0 [4 |4 \0 E6 `% cmore risky ones would have higher premium (interest rate) as a compensation for an investment.- U: W2 P2 p3 R# U
main reason why ppl buy those risky CDs is because the rate of return exceeds their internal rate of return,
, }- L8 w) C! m) }: i! F. _in other words, the interest rate of that investment > their required interest rate, therefore they invest in those securities." P( T% m0 }. v& m; ~* a; P
Also, fund managers would include risky assets in their portfolio for different purposes, eg efficiency.
" I* t  A6 B0 n. lsimilar to bonds, CDs trading in the secondary market have different value at different times,9 n' x3 k3 I$ c! M9 E! @7 |, \
normally the value is calculated by adding it's principle and interest.
+ l+ X3 x$ ~2 L/ M  p7 D7 ^eg. the value of the mortgage+the interests to be recieved in the future.   B7 E1 @2 Q4 R8 L' x% c/ i
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.
) x: w! D  T( F- d3 z( b
, d: c/ L6 W  k/ i7 f8 [im not quite sure if the multiplier effect does really matter in this case.: l+ C/ L/ K" L& i0 f4 u
in stock market, it's the demand and supply pushing the price up/downwards.
/ w3 @2 C( O1 m8 {3 A+ @/ NFor eg, A bought 10000 shares @10$ ; B sells 20000 shares to C @ $12,
( Y! J" v* b3 wA's shares would suddenly increase to $120000 from $100000 which does not invlove any $ transaction.
+ K+ o# w! l; }1 m+ Y7 h& i. ^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. % t: `: t/ ~8 M7 _, Z6 U, _1 l
but the value of their assets did really drop significantly.3 v/ ?; F& i6 Y8 r3 E0 G

  Q& v* p  A) i5 Q3 G; N+ ?[ 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. z$ x/ J1 s. g+ \' q
Refer to last example,* o2 o1 e3 q' ?& `1 O' ]
that means bank A have no money because we borrow 10 dollars from bank A ! D/ v- y/ l2 Q0 t  o
Because bank A doesnt have enough cash on hand , C8 O6 v6 s$ g
therefore bank A need to be bankrrupt ??? Am I right ?? ...
( X. V: v. b3 F% z7 A

8 e( Y! A) @  ~# e" c/ G8 |2 G. o4 O" H9 |' ]! u; M+ S- }
A->B->C->D->E' E' ]% R! @; ]
so does it mean if E failed to pay D, & _- M$ a$ U( a, J
all the B,C,D,E have to go bankrupt?
8 n! e, f1 n/ a  z' L7 f( ?
1 }2 F" B$ Y- e4 C2 J" L. j9 y% r! D# b# t) |' k1 R
the multiplier just tell how much money created in a whole economy,
' f3 g% A, o  @, j, t: z8 |in this case it doesnt really matter how much money is created,
. O4 A0 x1 l5 Rit's the problem of the debt itself./ P5 [7 w! f& Q, o; k1 q
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.gif4 _  e5 @# {  u- x6 f6 X- L8 b
小弟一直都唔明...
) C7 M+ j1 C$ \9 @6 ]
+ E! N6 Q8 [4 \. z" N全世界都蝕錢,咁邊個賺緊錢呢?
4 f0 F1 {- q7 r% e9 k) B
3 \: S1 @" `, D7 W4 H3 R無可能淨係有人蝕錢無人賺架嘛.... F* b( t9 w( a; T$ \( ^# \

* R% d: {/ I) P8 v敬請各師兄解答
, A# r- k6 C. }
' Z  f, ]4 v5 KThanks
; f8 p/ W: Y3 h9 ]! C那些根本係 紙上財富  " b3 j' A2 ~% T5 D; l
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
! G, E% M. B1 q( S* `! _- @" O2 S1 w7 U/ L- S* ^& g7 K: {! h
http://www.thedeal.com/newsweekly/images/100608_NWleverageFloChrt.gif
其實個D錢係你可以當係虛擬資產- f2 f) r6 R# D
當經濟好,投資銀行相信會賺錢, 物價既估值相對較高( G( J; R! c1 t
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
3 S3 U) P. I. w9 k個件物價係市場好既時候升, 例如15%先算,變左12蚊啦5 P0 j/ U/ r! L) B
扣番利息當10里, 咁公司都可以賺左11.5-10(1.1)=0.5蚊,
" c! R) g2 F. c2 {' Q計番回報率就已經係50%,所以可以好好賺
# s2 Y, Q' `4 C" o  \! G: N3 S: t前提係銀行之間要互相信任先可以咁樣借法
( l/ U9 k3 I4 |7 i同埋個市場既前境要係好先得
, }, K" Z& ?4 \, \  p. y但當經濟一差,公司估值趺了,物價不升反趺
% L; W. b" v6 {$ d5 S例如剛才說10蚊的, 趺到得番9蚊,
$ o1 P2 h& G2 y6 R. o( j咁投資銀行一下子就要還11蚊, 一來一回變左虧200%! n4 u4 }( v; l* z7 s
所以你就會覺得D錢好似蒸發哂咁: Z. s2 S3 e; Q. p  u( ~

4 n0 i3 {+ e0 \, `# k3 W你都可以當標野咁諗, 個樣野多人可以狂升值,
+ r* e1 _& }7 E% |! q( m- d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,
0 ~" V9 Y0 X* a9 B5 g8 K* z淨如你簽左卡, 呢刻爆卡,咁d去晒邊?咪之錢用晒,
$ x, D% m; T# J  f$ h9 l5 L% p, ?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
: e, c, h/ P; O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
- d1 k+ |$ J" I+ l唔係d錢蒸發, 而係比美國佬洗晒未來錢, ( N2 f; f$ `. Z, j3 \/ a2 H
淨如你簽左卡, 呢刻爆卡,咁d去晒邊?咪之錢用晒,
- {$ s7 a# E! J9 V" C" U8 V# P2 ]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
+ E: w$ Z: A/ V; K咁你話d錢蒸發左去邊? ...
9 n7 i4 }& s9 S1 }

+ G& o" x* C+ y" U正係咁樣
8 A. K( R- @1 f* P+ f( V9 {4 X: A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: c3 @+ B% v3 z; l+ [
分分鐘佢地唔使還錢
& C2 d9 d. b% t5 N. ~4 u7 ?$ \
3 C  i7 c; E+ G7 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,
% l. k6 h9 \- q9 s% E連國家都係問人借, 不停發債券, 印鈔票
3 _" y! e' f6 x* R( p7 U4 Y一個國家好少出口, 而又大量入口 ,反映到佢唔多生產
' @  z3 _  \0 }; r0 B7 C; g$ i7 k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  I6 I. a" y3 P) }
咁而家"爆哂煲"算唔算先至係變番"正常"???
7 |+ R- H; _& o) {2 m% R

5 _7 e3 u' J( W: f$ |0 e+ P其實係...
5 r# i& p' o; _" s- j3 y$ E# _因為以前未生產, 先消費
; `2 s' f; N4 N. 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。