Signalpost

Better late than never

The American Government started out creating a help package in the cooling water og Fanny May and Freddy Mac. Now finally the American politiciens have sent 800 billion dollar out to the last link of the financial system – namely the consumers. This link being the home owners and consumers are important when wanting to turn the financial situation around.

Forcing the interest rates down

Whereas the first financial package was directed toward the ailing financial sector, the American Central Bank this time expects to spend 600 billion dollar buying up debts, wich either are issued or secured by public controled  mortage credit companies. read more about the new financial help package i the US

Bush on national TV

Laste night the American President George Bush went on national TV warning the american people about the forth comming cricis in the american economy. Experts say that this might be the worst financial situation since the Wall Street crash in the 1920. Bush is now launching a plan to avoid total financial disater hoping that congress will support his actions. read more about the cricis in american economy here

New loantypes has caused disaster in real estate

Is the class barrier between rich and poor being equalized by the falling prices in the real estate market? For many years it has been at priviledge to the “well-offs” to buy real etate, while quit many less fortunate people were forced to rent their homes. read more about real estate crach here