« heatmap analytics - ClickTale | Main | Web Customer Analytics »

Aug 6
Housing Market Meltdown

The Housing Market is melting down fast- and it's August - when things have tended to start falling part - it was that way before 9/11 and I have to wonder how much of what your seeing in this Youtube Clip below is the result of incompetence vs just letting things take their own course.

 

Events move so quickly that, from what it sounds like, Mad Money host Jim Cramer totally loses it and I get the feeling of events spiraling out of control. 

It's also hard to know what the right response really should be in situations like this (the comments to the YouTube clip are fairly divided, it depends more on what side of this your on) - but it sounds like anything to do with housing is going to be affected and a lot of people who have these "sub-prime" mortgages are going to lost their homes, according to what I'm hearing.

But what's more weird is how much of this debt spills into other businesses, other deals.   When I look at the government's role in this - it seems to be, more or less, let everything fall apart - do nothing.  If anything could be mishandled, or let go, or lax, it is -just let the markets correct themselves.  But that doesn't seem like the right response

related entries


3 Comments/Trackbacks




Good info…Credit rates are rising like crazy because of Americans over-use of credit cards. I recommend this report on home sales that is useful…

http://www.dailyreckoning.com/rpt/HousingReport.html

-Cheers!

» "This is Armageddon": James Cramer Meltdown Over Mortgage Market Upcoming Doom from Big Green Blog
Thanks to Marshall Sponder over at Web Metrics Guru for hooking us up to the YouTube video of venerated financial guru James Cramer recently on CNBC. Cramer nearly lost his mind on the air apoplecting over his prediction of upcoming... [Read More]

» The Long Tail of who's in trouble next -Sub prime Mortgage Collapse from WebMetricsGuru
Earlier I posted on the Housing Market Meltdown that happened last week I happened to notice the very thing I suspected, today, that, in Who’s in Trouble Next? the New York Times is confirming the "shaky" foundation of many ot... [Read More]

submit a trackback

TrackBack URL for this entry:

post a comment

Name, Email Address, and URL are not required fields.





Comment Preview

« heatmap analytics - ClickTale | Main | Web Customer Analytics »

Advertise

Related Resources

  • Personal Computers - PC Info and Accessories
  • SEO Copywriting - Killer-content.com provides professional copywriting, SEO copywriting, online and offline promotion services.

sponsored ads



topics

Incredible Hall of Acclaim.

subscribe


Prefer Email?
Subscribe below-

Enter your Email:


Powered by FeedBlitz What's this?

Current News

Support This Blog

My site was nominated for Best Business Blog!

Small Business Marketing - Working on small business marketing projects? Visit HP's new site for helpful information and ideas.

business social media

Use these fast growing business social media sites to promote your business, feature your products, spotlight your business leaders, create links, and drive traffic back to your company site, all for free!

BIZZlogos - Add your logo - free link to your site
BIZZphotos - Add photos of your products and people
BIZZprofiles - Submit your profile and build your online visibility
BIZZspotlight - Spotlight your business with free links
BIZZvideos - Videos about businesses, products and business people.
BIZZbites - "Digg" for Business - Submit your articles and posts

know more media network

View Network Map

Network Feed List (OPML)

Know More Media Network
Feed


we support unitus

PRWeb

Influencer



WebMetricsGuru is a member of the Know More Media network of business related blogs.

Here are some current headlines from some of our business publications:

ProductivityGoal

CallCenterScript

AdHurl

TheBizofKnowledge

LandingTheDeal

CustomersAreAlways

HealthCareVox

WebMetricsGuru

TheInsurancePolicy

MarketingBlurb