Employment Trendings
Global Meltdown, aka Where did all my money go??
Tuesday, November 4th, 2008Does anyone remember junk bonds in the 80s? A great securitised product based on high risk loan products with exorbitant interest rates, which had a very high return as long as Americans kept paying off their loans. Of course they didn’t, and the junk bond market collapse contributed heavily to the 80s recession, and the [...]