Something about wall street giving out mortgage loans to people who really could not afford it (credit swaps), and the rest of the world buying in on it for the amazing returns in the short run.What is the global financial crisis about?
Apparently it is due to lots of bad debts held by US banks .What is the global financial crisis about?
Something that's ending this year. First in the stock market, then the property market and then in the job market leading into the Christmas holiday period later this year.
Here's how it started. Watch the video clip on this web site: http://www.personalmoney.in/impact-of-gl鈥?/a>
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