Oktober 10, 2008...12:01 pm

Die Krise verständlich dargestellt – kurz, klar, ohne Worte 0:16 Min + Texterklärung von Roubini

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Nouriel Roubini, SOURCE http://www.rgemonitor.com/blog/roubini/

…”The crisis was caused by the largest leveraged asset bubble and credit bubble in the history of humanity were excessive leveraging and bubbles were not limited to housing in the US but also to housing in many other countries and excessive borrowing by financial institutions and some segments of the corporate sector and of the public sector in many and different economies: an housing bubble, a mortgage bubble, an equity bubble, a bond bubble, a credit bubble, a commodity bubble, a private equity bubble, a hedge funds bubble are all now bursting at once in the biggest real sector and financial sector deleveraging since the Great Depression.”…

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