As leveraged assets go down in value, the leverage multiples go up. Adding to that multiple is the falling dollar and the fact that these assets are in reality debt deposits, not cash deposits, that were passed on in different forms to be leveraged over and over.
Voices from the front lines of the scariest crisis in generations.
They’re just starting out. They’ve got college loans and entry-level employment.
And they’re entering one of the toughest job markets in years on the eve of an election.
How much do 20-somethings know about the economy? And how much do they care?
Cory Bortnicker hit the streets of Brooklyn to find out how his fellow 20-somethings felt about one of the biggest economic crises of a generation.
Download the podcast here. Or stream it below. A full transcript will be made available soon. The podcast is a project in motion. We welcome your thoughts and questions as we evolve. E-mail us.
Cory Bortnicker is an Editor at Minyanville Publishing & Multimedia, LLC.
Minyanville staff and contributors may trade or hold securities that are discussed in an article. Staff and contributors will indicate whether they have a position in any security discussed, but will not indicate size or direction. The information on this site is not intended as individualized investment advice and all investment decisions by a reader must in all cases be made by the reader either individually or together with his/her investment professional. The views expressed in articles appearing on this site are solely those of the staff and contributors and should not be attributed to any other person or entity except where expressly stated. Minyanville staff and contributors will not respond to requests for investment advice.
Copyright 2008 Minyanville Publishing and Multimedia, LLC. All Rights Reserved.
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