US Mortgage Market crisis hits other sectors as well

Shared by Helping_user on Thu Aug 09, 2007 1:49 am
The downturn in the US mortgage industry this summer has started to have a negative effect on the growth of companies which are hardly related to the mortgage industry. Source: http://www.iht.com/articles/2007/08/07/business/credit.php

Community Members Opinion

Niicss
Niicss

Joined: 03 Oct 2005

Posts: 1033

153.96 Dollars($)

Posted: Tue Aug 21, 2007 4:56 pm Post subject:

I also agree that the affect has spread onto other fields also which are not related to mortgages. I was reading an article titled "2007 Subprime mortgage financial crisis" which sheds some light on how mortgage crisis is affecting other industries also. This is the page - http://en.wikipedia.org/wiki/Subprime_mortgage_financial_crisis _________________ Good is the Enemy of Great.


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