<<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.gif2 X/ F9 Q, g2 r! a, T4 D) j3 i7 h
Why bank will sell 借據給第三者???3 C- L  h' V! N# r- p& h
I was so confused.....
9 z8 Y3 [8 \: U- `( [
# A6 C# x) ~. A  H8 S3 B8 R* b講到尾都係賺錢
; Q) N  d) N2 ~so銀行可以不斷放款
7 w% }, _; w8 J) f8 B' Y- O7 M美國的房貸問題散佈到全世界
% x# F9 L! J. i1 I2 Y2 g; y# K8 K
4 O5 A" i* e9 z/ t) c" S1 ?mortgage loan
1 |( m  \8 G7 D- c( |# I>conduit1 {# M7 \+ f) T
>RMBS(Residential Mortgage Backed Securities)
6 Q( }# E- l7 q) t) @, j5 W>arranger
7 A' q! o( x" P. g9 x7 `>CDO(Collateralized Debt Obligation)
  F% e3 ^; j; l; d+ U最後去到投資者
i thought it is the reason of rate of return.
, I8 B0 q6 F" W5 l0 Q' ]! c! P. A4 wCDs could have different ratings, AAA -> F,0 L% g2 D- E; u' E0 \" Q% m5 X
more risky ones would have higher premium (interest rate) as a compensation for an investment.4 ^3 q8 C1 b5 }6 V- E' x% p  [
main reason why ppl buy those risky CDs is because the rate of return exceeds their internal rate of return,, t( [8 ?* e4 |* ]
in other words, the interest rate of that investment > their required interest rate, therefore they invest in those securities.
2 p( v) m0 T8 H0 A8 |Also, fund managers would include risky assets in their portfolio for different purposes, eg efficiency.
/ N( L% t* _* h$ o1 y; C) Osimilar to bonds, CDs trading in the secondary market have different value at different times,
* `7 F+ v2 R5 y; a9 Rnormally the value is calculated by adding it's principle and interest. 8 j3 z" s8 C. k/ O  x8 ?
eg. the value of the mortgage+the interests to be recieved in the future. - x+ W. U1 J0 F% B
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.
8 @- U% {. W' ^0 K' B/ s) r& ]2 C: F" B1 e/ W* a
im not quite sure if the multiplier effect does really matter in this case., l7 K; D- e! J) [* G. X
in stock market, it's the demand and supply pushing the price up/downwards.! s  h/ a, E9 [) S" D$ F1 ^
For eg, A bought 10000 shares @10$ ; B sells 20000 shares to C @ $12,
2 C, h) L, ?8 ]/ J* wA's shares would suddenly increase to $120000 from $100000 which does not invlove any $ transaction.% A& p5 {. @/ k) v
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.
4 z5 v# N1 i# T! J% ]but the value of their assets did really drop significantly.
" B! W! a" D4 e" i% |: ?0 B$ v: S: ]6 S# e/ {  ~
[ 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 o. Z, h+ e9 C4 U- `/ u' I! [
Refer to last example,+ V3 D/ A" h, F( g# K6 z" U
that means bank A have no money because we borrow 10 dollars from bank A / L! q& o$ q# x% J6 {7 T
Because bank A doesnt have enough cash on hand
+ R$ `( U* Y6 z. t$ }: xtherefore bank A need to be bankrrupt ??? Am I right ?? ...
7 H+ ]9 }9 H( h- A$ S. ~

5 y4 ]0 d( }. \3 C/ O+ y' M$ ~" q1 ]% t# u
A->B->C->D->E
2 ~9 T/ B2 Z( H# R# i* Xso does it mean if E failed to pay D, ( g$ P6 M$ Y4 x3 o( M9 Y
all the B,C,D,E have to go bankrupt?. a6 \& K5 Q; G& P

( R2 @* Z) M6 k- Y; X. \
7 ^1 V# T8 c+ }$ b7 j0 u3 bthe multiplier just tell how much money created in a whole economy,
- `4 j+ \  H6 F. O2 p2 \7 min this case it doesnt really matter how much money is created,
5 n4 Y) ]) t$ Y) `. {* w5 ait's the problem of the debt itself.
; c6 H! ~8 s: u4 a  x2 c1 ]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* F5 R2 m/ U4 o, c% x
小弟一直都唔明..." l1 [3 l0 {$ t0 `* X4 ?) j, U
9 `3 y0 l( O3 G5 e* [3 \" D6 S5 |
全世界都蝕錢,咁邊個賺緊錢呢?0 G% w& [* G- K) H5 X5 k
+ |) J5 P3 \- [& m2 f) i$ g/ ~
無可能淨係有人蝕錢無人賺架嘛...2 K, ]1 [' {0 o5 ^: _; c

+ w9 J5 d5 c# h. |* }0 G& ?敬請各師兄解答
; u; ?: _1 Y% k& K) A$ f, s
% ^5 Q7 v1 |& ^  t  ~$ vThanks
4 G! ~# F/ Q$ N$ b9 ?: ]那些根本係 紙上財富  
8 I- b  _. k. |2 f5 I6 U: n% 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
: b. M3 p! p+ B4 F# _
4 ^0 k7 R- Y8 ]/ A7 f+ \% \+ [http://www.thedeal.com/newsweekly/images/100608_NWleverageFloChrt.gif
其實個D錢係你可以當係虛擬資產. e. s5 P  y" g2 w; d7 _
當經濟好,投資銀行相信會賺錢, 物價既估值相對較高+ S6 n( n# f  a4 z* D/ 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: l8 `# |: H2 P% O  g+ U
個件物價係市場好既時候升, 例如15%先算,變左12蚊啦
4 P$ q+ [8 B# i0 Y& p) F% v$ ?扣番利息當10里, 咁公司都可以賺左11.5-10(1.1)=0.5蚊,
, i+ A3 \" p" P" H計番回報率就已經係50%,所以可以好好賺
6 f) s' l; k& [- a$ G6 I前提係銀行之間要互相信任先可以咁樣借法
1 S! l  r) H. g) a; z( a. R4 p同埋個市場既前境要係好先得4 X) I% P, @' F8 M
但當經濟一差,公司估值趺了,物價不升反趺
  q5 G; E1 c- ~3 }& {例如剛才說10蚊的, 趺到得番9蚊,
( R: T2 q1 v: f% m4 b- y' M咁投資銀行一下子就要還11蚊, 一來一回變左虧200%
& z" y7 a" d; Q2 k. R# k( d* i3 K7 g所以你就會覺得D錢好似蒸發哂咁( _5 }3 ?+ _+ M  |

2 d; Z. k7 Y% B+ b: T你都可以當標野咁諗, 個樣野多人可以狂升值,
) d  O8 j- i4 a+ q# d3 H9 \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, # }& ?/ G" C3 p5 V
淨如你簽左卡, 呢刻爆卡,咁d去晒邊?咪之錢用晒, * q5 P' N  H1 \7 k6 P; R3 _& b8 A
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 d2 w/ {  o7 q7 q. X/ U, \
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
) H  `/ K4 Z* p$ g% _2 \& z- [  z唔係d錢蒸發, 而係比美國佬洗晒未來錢, 4 ]% f$ M3 E8 X) b/ L
淨如你簽左卡, 呢刻爆卡,咁d去晒邊?咪之錢用晒,
2 s, \) ?- z' s$ q' 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
4 m" `9 G5 b0 L( y+ _0 S0 w咁你話d錢蒸發左去邊? ...
* z/ r; J8 b7 G! H
0 T& U7 x, H0 K0 h4 D$ w* }$ r$ [( A
正係咁樣& G7 N8 t* e; Q+ U* ^2 j: ]9 Z) d
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1 ~$ n9 f4 [* a* L, F
分分鐘佢地唔使還錢
: W1 @: v* F/ w. v0 W
1 E# W' C0 l0 k  g" T$ u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,
. x/ N4 Q2 x3 X# k6 w5 ^) {' t連國家都係問人借, 不停發債券, 印鈔票) u. o; X- A$ ]7 Y
一個國家好少出口, 而又大量入口 ,反映到佢唔多生產; @1 K* ]5 z# |# h' e4 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.gif  I: e" b- d: |* f+ G5 E  u
咁而家"爆哂煲"算唔算先至係變番"正常"???
$ Z' G1 s# q* p0 g; P
, r; [5 P& n8 m9 z' N4 ?" x其實係...8 I7 v% L* u, `& u  X2 K) ?
因為以前未生產, 先消費4 ?" H+ C6 |) _2 Y7 j) e  i  e* V/ S
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。