Most of us realise the global credit crisis began with the U.S sub-prime mortgage dilemma, but how many of us know exactly how and why we got into this mess in the first place?
Well if we go back about 80 years…
After the 1930’s depression and the major banking collapse that resulted, a legislation known as the Glass – Steagall agreement was put into place to regulate and restrict what assets the banks and insurance companies could buy in order to ensure they never cross collaterised each other’s asset classes. Read the rest of this entry
Our markets and share prices have been battered around the world over the last 6 – 12 months, and it’s no surprise that the novice investor has given in to the media brainwashing that has followed and dumped their shares in panic, or stayed entirely out of the market while the world licks it’s proverbial wounds. 
