What's going on near the discount?
for real, what's going on next to all this crap? DOW is going down, worldwide market are going down.WHY?Answers: you ever heard of a business cycle?. relax
People made sizeable investments in a sector of the cutback that turned out to be overvalued --- housing, this time. The housing market is presently falling closer to it's "true" value, which method a lot of the investments own turned out to be losses.
The Federal Reserve banking corporations be created to prevent this from happening, despite that, nearby have be numerous recessions (and even the Great Depression) below their watch. The Federal Reserve influences how much bank are willing to loan, and within this case, population found it relatively easy to search out a bunch of investment money and put it into housing ("Flip that House" and such). Business cycles are probably not some "natural" phenomenon. Blaming "business cycles" is just a lame excuse that deflect the blame from banks and their lend policies that led up to the over-saturation of investment money.
When individuals adjust to the money that they've lost, and the banks repossess doesn`t matter what collateral was used for the loans that are not man repaid, the economy will start to stabilize.
Question below?
The relationship between the price of a good or service and the mass that consumers are willing to purchase is agreed as:supply.
demand.
total demanded.
price.
Answers: yup!
demand?
answer my q? http://answers.yahoo.com/question/index;...
Has anyone on here sent their scrap gold to goldkit.com?
Answers: no
if they are the ones who advertise "get rid of your old gold" i would never gold like diamonds don't get old