Comments on: Subprime for Dummies

By: Thoughts on GMA’s SONA at Flair Candy

Thoughts on GMA’s SONA at Flair Candy — Mon, 27 Jul 2009 19:41:40 +0000

[…] billions of dollars from subprime mortgages to commodities like fuel and food. (read my post about subprime and gas prices to understand it’s effect on the economy.) Others point of the very real surge […]

By: jehzlau

jehzlau — Tue, 23 Sep 2008 17:19:24 +0000

nose bleed ako 🙂

By: Hannah Rika Villasis

Hannah Rika Villasis — Wed, 17 Sep 2008 09:43:25 +0000

Thank you very much sir, I pass by your blog once in a while and have added you into my blogroll as well. Hoping to be much more enlighted with the world finance. =)

By: Alijeffty C. Gonzales

Alijeffty C. Gonzales — Mon, 30 Jun 2008 02:18:00 +0000

Hi candy, i am actually quite amazed that for somebody as young as you would be interested in some mundane subject like the economy, it is not called the dismal science for nothing..

Well, i wish you luck in your quest for more knowledge, and may i offer my assistance if ever you may need an old man?s perspective on the financial markets

Regards,
jeff

By: Flair Candy

Flair Candy — Mon, 30 Jun 2008 00:36:00 +0000

Hi Alijeffty! Thanks for visiting my very curious blog. I’m glad I have attracted the attention of a real financial planner. Thanks for adding clarity to my very wierd query. As you know, I’m a CPA and not really an economist and young as I am, I have a lot of questions about what’s going on in the financial sector. But, I struggle to understand these events in our economy in the hope thatcould find answers in the simplest way that I could. I also know that many are curious about this but are just simply lost in the many complicated explanations that I think only fellow economists understand. Once again, thanks for adding insight to this article.

By: Alijeffty C. Gonzales

Alijeffty C. Gonzales — Sun, 29 Jun 2008 13:21:00 +0000

Hi, it may not be as simple as-somebody lost money then somebody else should win (commonly referred to as a ?zero-sum? transaction), the sub-prime mess that led to the credit crunch is hurting almost everybody involved in the financial markets as it is a macro event (no one is exempted), banks, mortgage lenders and borrowers, the insurance companies that provided the credit insurance, the investment houses who packaged these loans (bear collapsed) etc.. Led the US FED to change its monetary policy to mitigate the damages, these actions in turns affects anybody with US dollar holdings...

Thanks,