美國次按問題對世界有什麼影響?

i don't know what people talking about....??

in Chinese word, it seems like that is call second mortgage crisis....
but it real name is call subprime mortgage.

what is subprime? that is a type of real estate mortgage loan for people pay less or no money down to buy a property. and the loan interest rate will be set low in the first few years----- 1 to 5 or even 7 years. then the interest rate will jump back to market rate plus more points.

this type of mortgage is idea for people with low income, less down payment, not so great credit......etc to have chance to buy their own house. ----- also a lot of property investors and developers too. it created since 1999 by Clinton grovernment, then Bush just continue use it but without monitor how the mortgage banks do the work.

because people pay little or no money down. once they face problem to the high interest mortgage payment, they just simple walk away from it.

so, some of those people and the middle man----mortgage company ---- are the winner in this subprime crisis and banks become stupid lossers and victims.
and the mortgage contract can be sell and trade in the open market. and lot of investment companies will see real estate mortgage as safe harbor. so, when the martgage become no return, all the investment companies also are lossers.
most foreign countries and companies also pruchased those inveestment companies stock and mutual fund..........so now, they are also the lossers.

so far, as reported, there are 1.4 millions out of 7 millions houses used subprime mortgage in trouble. all we have to do is wait for some time until finanice companies and reat estate market disgested these troubled housing.

PS. there are hundreds of mortgage company staff officers had been arrested and prosecued.

2008-09-17 04:12:16 補充：
also, the banks are not complately lost, they still legal own all the defaulted real estate properties all over the country.
so, thank about what will happen in a year or 2 , when the real estate market back online....?

2008-09-17 04:16:44 補充：
it sound sad, but it is how the free market works. if you dont do your home works or you are taking risk for profit, this is the price you might have to pay.
this is time for a chain reaction mass, but soon it will had touch the bottom.
good luck to everybody.

2008-09-17 04:33:33 補充：
US banks do not issue bonds, banks just voluntary to sell US grovernment bonds, most bonds issued are for public projects or progrems------highway, railroad, ship port....etc.
because bonds interest already paid up front to the buyer.so it will not lost value even the project go wrong or delay.

小弟從來對美國既次按危機就感到一頭霧水，因為我連次按係咩都唔清楚，志雲兄可唔可以簡單介紹下次按係咩同埋點解佢會引發咁大既危機﹖

次按問題不單影響美國，還影響了其他國家，因很多國家都購買了美國之銀行債券。舉例如中國，因中國與美國有強大貿易順差，為了減少這差距，中國買了不少有關美國銀行之債券，因為美國人無法歸還首、次按貸款，拍賣房產只歸還首按貸款，次按就歸還無期，中國所投資之債券，自然與廢紙無異，平白損失了過百億美元。
次按其實理應是美國人之福利，由美國政府擔保，銀行才能借出有關款項。但當發生美國人無力還款，不知為何那些銀行會不向美國政府伸手要錢，以減輕拿債券人士之損失。
個人覺得這有如國際騙案。