The Chance and the risk of Stock market operations in the conditions of the great financial crisis
Anton Stasch
The John Paul II Catholic University of Lublin , PolandAbstract
The next crash of USA stock market is expected no later than 2013. The real cause of the next crisis will be, similar as in the crisis of 2007-2009, the overvaluation of objects of speculation. Their value, corresponding to the value of global financial assets. grew in 2006 to 650 thousand bilion (650billions)U.S. $. This value overestimates 13,5-fold the world annual Gross Domestic Product, of 48.3 billions US $. In 1980 both values, GDP and value of assets were approximately equal to ten billions US $. One of the main reasons for the bursting of speculation bubble in 2007 was vote buying of NINJA electors by politicians using the state full controlled financial institutions like banks: Fannie Mae and Freddie Mac.
Keywords:
World crisis, bursting, DJ Index, DAX, speculation bubble, NINJA electors, stock market, global financial assetsReferences
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This work is licensed under a Creative Commons Attribution 4.0 International License.
