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Posts Tagged ‘Economic Crisis’

 

The slide tries to explain the US financial crisis in nutshell. The direction of arrows shows the money flow.
Abbreviations:
MBS: Mortgage Based Securities
IB: Investment Bank
CDS: Credit Default Swaps
SIV: Special Investment Vehicle
EMI: Equated Monthly Installment

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….A board at SPJIMR hostel canteen. I am convinced, world is in crisis… Even canteenwala is facing liquidity issues and poor people like us have to face Credit crunch, what to do?

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