International
http://www.globalchange.com Who made money out of sub-prime crisis? Those who sold property early at the height of the housing market bubble before the US property market crash. Mainly older people. Interest rate control Federal Reserve. Impact of sub-prime crisis on low income groups, younger buyers and shareholders of largest banks with big losses and fall in share prices. Tightening and loosening of monetary policy in response to inflation of commodities, retail price index and house market indicators. Video by keynote conference speaker Dr Patrick Dixon, Futurist and author of 12 books on global trends.
Sub-prime crisis, property prices, crash, housing market, America, US, interest rates, banks, banking, share price, falls, speculation, boom, bust, investor, investment, funds, real estate.
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