1300 526 314Banks In trouble and Other Weblinks
Interesting Websites that tell the real story
-Banks that are in trouble-A bit of history-Banks-Housing Market-And Healthcare for Good Measure-
Calculated Risk.com
Leave them a tip I think they deserve it
http://www.calculatedriskblog.com/2009/11/unofficial-problem-bank-list-grows-to.html
Bankimplode.com
Website is a little basic but it tells the story
http://bankimplode.com/list/troubledbanks.htm
A trip down memory lane 6 short videos of the 1929 Crash
Is this where we are heading again?
http://www.youtube.com/watch?v=17TGfZHXMzQ&feature=related
Option ARM reset Charts
The real Story told here, not what the media tells us!
http://www.calculatedriskblog.com/2008/08/reset-vs-recast-or-why-charts-dont.html
The WSJ published reset chart
Charts that are published are often misleading or misquoted
http://2.bp.blogspot.com/_kQmcDGJ6WuI/SKK_-yziY0I/AAAAAAAAAK0/6CmRnPRdi_g/s1600/0604_arm_reset.jpg
Chart showing combination of All Option reset loans to make it simple
Makes it simpler to see how soon it is going to get scary, pile this on top of all of the rest of the bad news and work it out for yourself its BAD.
http://3.bp.blogspot.com/_pMscxxELHEg/SJ2TM6xk9FI/AAAAAAAACa4/z1O-B6zuGkQ/s1600/ClaytonAltA.jpg
Seeking Alpha
This report shows that the massive decline in house prices in the USA is not over yet
http://seekingalpha.com/article/137676-suburban-housing-markets-are-unsustainable-part-2
Michelle Makin on Healthcare
A little information on the incredible state of the American Health Care system including a $36Trillion unfunded liability....!!