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Collapsed (Individuals + Corporate + Banks) = Collapsed System ,[object Object],[object Object],PaisaMatters.com
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1995 – 2006: The Bright and Sunny Days
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1995 – 2006: The Bright and Sunny Days
 Source: www.ofm.wa.gov PaisaMatters.com
Source: epress.anu.edu.au  1995 – 2006: The Bright and Sunny Days

1995 – 2006: The Bright and Sunny Days
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[object Object],1995 – 2006: The Bright and Sunny Days
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[object Object],1995 – 2006: The Bright and Sunny Days
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1995 – 2006: The Bright and Sunny Days
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1995 – 2006: The Bright and Sunny Days
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1995 – 2006: The Bright and Sunny Days
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1995 – 2006: The Bright and Sunny Days
 PaisaMatters.com
1995 – 2006: The Bright and Sunny Days
 ,[object Object],[object Object],[object Object],[object Object],PaisaMatters.com
1995 – 2006: The Bright and Sunny Days
 ,[object Object],PaisaMatters.com
1995 – 2006: The Bright and Sunny Days
 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Source: i.ehow.com   Source: Flickr.com PaisaMatters.com
1995 – 2006: The Bright and Sunny Days
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Q4 2006 – Q2 2007: The Gloomy Evenings ,[object Object],[object Object],[object Object],[object Object],PaisaMatters.com
Q4 2006 – Q2 2007: The Gloomy Evenings.. ,[object Object],PaisaMatters.com
Q4 2006 – Q2 2007: The Gloomy Evenings.. ,[object Object],[object Object],[object Object],PaisaMatters.com
Q3 2007 Onwards: The Scary Nights
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Q3 2007 Onwards: The Scary Nights
 ,[object Object],[object Object],[object Object],[object Object],PaisaMatters.com
Q3 2007 Onwards: The Scary Nights
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Q3 2007 Onwards: The Scary Nights
 ,[object Object],[object Object],[object Object],[object Object],PaisaMatters.com
Q3 2007 Onwards: The Scary Nights
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PaisaMatters.com Q3 2007 Onwards: The Scary Nights

Q3 2007 Onwards: The Scary Nights
 ,[object Object],[object Object],[object Object],Source: nancarrow-webdesk.com  PaisaMatters.com
Q3 2007 Onwards: The Scary Nights
 ,[object Object],[object Object],[object Object],[object Object],[object Object],Source: newsimg.bbc.co.uk   PaisaMatters.com
Q3 2007 Onwards: The Scary Nights
 Financial Times – 20 September 2008 “
 bank boards and bank executives have failed to understand complex mortgage-backed banking products, as have central bankers, regulators and credit rating agencies.” PaisaMatters.com
?: The Dawn Ahead
 Costly though, surely, a lesson for the economy Is the worst over yet?  
  Probably not ! How long before the economy starts looking-up again?  
 Nobody knows! Hopefully Sooner, is the Dawn Ahead
 PaisaMatters.com

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Sub-Prime Crisis: An Economic Perspective

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  • 4. 1995 – 2006: The Bright and Sunny Days
 Source: www.ofm.wa.gov PaisaMatters.com
  • 5. Source: epress.anu.edu.au 1995 – 2006: The Bright and Sunny Days

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  • 9. 1995 – 2006: The Bright and Sunny Days
 Welcome to the world of Sub-Prime Mortgages PaisaMatters.com
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  • 12. 1995 – 2006: The Bright and Sunny Days
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  • 22. Q3 2007 Onwards: The Scary Nights
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  • 25. PaisaMatters.com Q3 2007 Onwards: The Scary Nights

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  • 28. Q3 2007 Onwards: The Scary Nights
 Financial Times – 20 September 2008 “
 bank boards and bank executives have failed to understand complex mortgage-backed banking products, as have central bankers, regulators and credit rating agencies.” PaisaMatters.com
  • 29. ?: The Dawn Ahead
 Costly though, surely, a lesson for the economy Is the worst over yet? 
 Probably not ! How long before the economy starts looking-up again? 
 Nobody knows! Hopefully Sooner, is the Dawn Ahead
 PaisaMatters.com