Financial Markets in Turmoil of the Century

Despite US government’s $700 bailout plan and European community’s reassurances to do whatever it can, world stock markets plunged big time today. Investors fear that official action might not be enough to stem the crisis.
London FTSE lost biggest percentage in one day since 1987. And Paris lost biggest on record.
Although credit crunch is a US [...]

Falling Housing Market – Even Experienced Landlords Are Heading for an Exit

Continuing turmoil in housing market is causing many professional landlords to think through their carefully laid out strategies. Many landlords are even bowing out because they can not see how property prices can continue to rise in medium term. Even the government bail outs may not be as effective as once thought, as some experts [...]

US $700bn Bail Out of Housing Market – Will It Save the World From Recession?

It started in the USA. The US government is trying its best to solve this – by pumping lots of money in. But is it working?
The credit crunch around the world has its origins in the US housing market bubble. Those house prices are on a downward spiral. This is causing people to see [...]