US CRISIS

The crisis in the United States when this is a beautiful combination of a hubris and greed with a loving attitude of life-loving. As the world's richest countries are United States first, Japan second, third Germany and fourth China


As the richest country in the world, why the United States being a crisis?

The crisis started from the Sub-Prime Mortgage. What is the Sub-Prime Mortgage? Little explanation of the Sub-Prime Mortgage follows:

Why Sub Prime Mortgage crisis can happen.?

This is because the provision of credit to borrowers that are not feasible given credit! it is caused by greed and financial arogansi actors in the United States. Because of greed overtake the sales target they ignore the principles of prudence, so each person can buy a house without taking Down Payment, Loan to Value and Debt Service Ratio (generally max 35%).

Pursuing the sales target with the goal of sales incentives and bonuses are bigger so they can pay life-loving, the corporate executive in the U.S.

Meanwhile, in other parts of the world, there are the impressive economic growth; China, India is hungry for energy fuel and iron steel. As a result, the demand will increase the price of fuel oil to exceed USD. 100 / barrel, inline with the commodity participate high-rise. These conditions affect the price of fuel and food demand in the U.S. also increase. Edges of inflation in the U.S.. To anticipate the inflation, the increase in interest rates made the banking system. The result is that you can figure ????. Credit Home Ownership threatened. ... ... ... ... .. ... ... Morgage threatened

Prices of food commodities increased, the transportation cost up ... ... cost of living rise .... While income remains, the only one that can be sacrificed is the house payment .... installment does not start on time. I behindhand more than 3 months and then failed. It turns out that alienation is very much ... ... .. because the debtor is not feasible given the credit, as interest rates rise, the arrears arising ... ...

The increase of prices is also due actual perpetrators of the commodities market in Chicago with a pretext to gain that at their prices, which disregards the underlying transactions are not derivatives transactions ... ... ... .. they buy a commodity at cheap prices and then seems to arise request, automatically, as demand increased while supply still took up the price (the demand - supply).

Arogansi they attack Iraq Afghanistan also contributes to escalating inflation ... .. Arrogant and rapacious ... .. the economic storm is Uncle Sam.

The story has not been ended ....

Once the credit KPR (mortgage) default the financial engineering such as this. Bad debts are packages, and then sold. Mortgage default and then bought an Lehman Brothers (rated) AAA, because of the assumption that home values will continue to rise. AAA rating because of the small insurance premium means the credit is safe.


However the United States, the problematic loans that have been rated AAA while our Indonesia only BBB.. is not polite .... Investment products are also sold to the people of Indonesia in Jakarta through the Foreign Private Bank in Jakarta, just change the name only as Credit default swaps it .... One example.

Back to the beginning of the story, the effect occurs when: mortgage default , insurance, credit insurance must pay, the value of that investment is not expected. Lehman bankrupt, AIG enter the United States. 17 american bank is closed. Unemployment happens everywhere. Company s do a lot of efficiency such employee lay off.

Stories likely not stop. We wait for the next CREDIT CARD effects, because all payments in the U.S. generally use a credit card ... .. day will be more difficult and opaque in the U.S. ... ... ... continue to be.