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DeltaNC Says:

Jul 23, 2008 - "You get what you measure" is one phrase I always remember from university. I had to make a talk on metrics within software project management.My bank account is with RBS. I was asked a few weeks back if I would complete a short 9 question survey in my branch. When I expressed some dissatisfaction with the service I receive as part of my response to question two the staff member diverted the conversation, apologised for the problems, and then terminated the survey.

southdakota1001 Says:

Aug 2, 2008 - Question: Will all of this lead to world-wide economic collapse?

pjvdixon Says:

Aug 3, 2008 - Possibly - biggest impact comes from combinations of events..... at present for example sub-prime crisis in combination with soaring energy prices, food prices and so on.... If there was another independent event... for example a big US military strike into Iran, or an outbreak of a mutant form of bird flu killing several thousand people, then the combination would be powerful. If there are no more destabilising events over the next 12 - 18 months the global economy should weather these storms

southdakota1001 Says:

Aug 3, 2008 - So, if the US bombs Iran, will that then be the final straw?

pjvdixon Says:

Aug 4, 2008 - No..... I am just saying that the global economy is vulnerable at the moment to anything that would add to the feeling of uncertainty. Any further shocks to the system will have a larger impact if they happen soon than if the same events were to have happened - say - two years ago. The future is about emotion, and emotional reactions to future events are more important than the actual events themselves. Markets are driven by mood.

jurgenphd Says:

Aug 6, 2008 - inaccurate bullshit

theJokerg Says:

Aug 7, 2008 - wanna be famous guy

detriplea Says:

Aug 9, 2008 - offcourse the CEO know exactly what they do.... and the problem is that they care more about the profits than their emplyees understanding of their work

pjvdixon Says:

Aug 11, 2008 - I am not so sure actually, having met a few. Banking products have become so complex that they are very hard to keep track of and CEOs of entire banking groups have vast numbers of issues to manage. This is why it is now such a risk for a non-executive director to sit on a bank board. They are liable for things missed - but hard to keep watch on every front.

BubbFromGEI Says:

Aug 20, 2008 - The subprime crisis could have been spotted one or two years before it came, using the most simplistic analysis. Anyone who missed it must have beeb rather thick, or was blinded by greed. Packaging toxic waste, only looked complex, because it was designed to blur the risks. Stay away from what you do not understand.

tvklaus Says:

Sep 17, 2008 - The subprime crisis was spotted, f.e., in 2003 by the german magazine "konkret". But the first who spottet the general development of, let us say, capitalism, was old good guy K. M.

tellthetruthh Says:

Sep 26, 2008 - HISPANICS were the major group to hold SUBPRIME LOANS. HISPANICS were given loans when other groups could not get them. Now they want to be bailed out of their mess!!!If they weren't so greedy they would not be in this situation. Most of them didn't even have SSN oe EINS.Now BUSH has made it possible for them to get bailouts without SSN or EINs!!!S0illegals aliens are milking the system again!!! While Americans pay the bill!!!

lfg323 Says:

Oct 5, 2008 - you are so right on this. it sux that my people were sold into these type of loans due to ignorance. cash is king, cash is king. its all a transaction business!!!!!!!

geejun30148 Says:

Oct 8, 2008 - Great stuff Patrick, I wish I saw this last year, it would have reinforced my vague knowledge of what was happening . Anyway guru, what is your view of the next 6 months ahead.

edward1melnik Says:

Oct 8, 2008 - Tellthetruthh, change your username to -Idon'tKnowwhatI'm saying. I'm not hispanic,I'm european temoporarily residing in US & I know that you're totally wrong about everything you wrote. First of all, Hispanics were not given preference to get Mortgages, everyone who could breath and had $20 could get it,secondly and most IMPORTANTLY no person may get any loan even for 1 dollar & especially a Mortgage without SSN. Same as no person may get any SS Benefits without SSN.Check at SSOff before liying

investur Says:

Oct 9, 2008 - You mean the foreigners who have been lending America for 30-40 years are paying for it when America collapses. Most americans have been living beyond their means on the backs of non-Americans.

valhala56 Says:

Oct 13, 2008 - Great reply edward to this rabble rouser tellthetruthh. I suspect that as the US economy implodes he will be a loudmouth rabble rouser scapgoating Hispanics. This kind of thing always happens with angry people looking for a group of people to point their sticky fingers at.

MagikPoo Says:

Oct 18, 2008 - My Dear Dr. Dixson you are a goldmine pardon the pun. I was looking for a REAL way to explain to my family what this whole credit fiasco was all about and you sumed it all up in a simple answer no one knows exactly what they are doing. Thanks doc im cured.

TankMonster105 Says:

Oct 19, 2008 - While Obama & the Democrats were cashing their big paychecks from FannieMae, McCain and 18 other REPUBLICAN Senators loudly predicted this disaster and tried to STOP it.Their letter (5 May 06):tinyurl (dot) com/3q6dc9(fix the "dot")Note that NOT ONE DEMOCRAT signed this letter.It was published in the NY Times, LA Times, etc.Where was Sen. Obama that day? Running for President, too busy to care.He did no favors to those unqualified borrowers. The chickens came home to roost.

pjvdixon Says:

Oct 22, 2008 - Thanks - look at the latest videos - turqouise button top right. Patrick

pjvdixon Says:

Oct 22, 2008 - Thanks very much. Patrick

whythebailout Says:

Oct 25, 2008 - This gentleman may be correct, but this video is not very informative.

gonadsintexas Says:

Oct 28, 2008 - New unearthed evidence,obama says subprime even after it failed was a great idea, and we have this subhuman picking the drapes for white house, America is going to hell in a handbasket

bigfishn Says:

Oct 30, 2008 - When the bill came, I decided not to tip the waiter because he was wearing an Obama T-shirt. I explained to him after i ate that I wasn't going to tip him but I was going to redistribute his tip to someone that I deemed more in need, specifically the homeless guy outside. He stood there in disbelief, then angrily stormed away.I went outside, gave the homeless guy $5 and told him to thank the waiter inside.Wonder how the waiter liked that "change".

PeelTower Says:

Nov 7, 2008 - I never heard so much said about so little by someone so unknowledgeable.We know that the rich lent to the poor and sold on the debts to the unsuspecting. There is one and only one answer to prevent this sort of thing again and that is regulation. It won't happen and the greed merchants who gamble with others' money will continue to con and lie their way to personal wealth at the expense of the rest of us who actually work for a living.