Entries from Chemicals & The Economy tagged with 'subprime'
A simple guide to the credit crisis
The New York Times has an excellent feature today that aims to explain how ‘US sub-prime mortgages could take out the whole global financial system’. I know that many readers found the Bird/Fortune video on the subject very useful last...
The subprime black hole
Black holes are an apparently empty region of space, with the power to destroy anything that comes too close. The US subprime crisis seems to be turning into their financial equivalent. It never seems to get resolved. It just...
Interesting quotes (3)
Some of these quotes just seemed too good to ignore… `I don't see any impact as yet on the real economy or on the inflation rate. Obviously, there could be an impact, but we have to rely on some real...
Rolling thunder and Penn Square Bank
When I worked with ChemConnect in the halcyon days of the dot-com era in 1999-2000, we had a fantastic PR lady called Linda Stegeman. Linda ignored conventional wisdom about 'bundling' all your best news together to gain maximum impact. Instead,...
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