Posted by sosfinance > 2016-07-28 20:09 | Report Abuse

Prior to sub prime, most American have not seen or experience housing price dropping. This is because, prior to sub prime, they did not provide so much debt (first problem) and further geared up with Derivatives (2nd and the main problem). Since then, big chunk of the "bad debt" were swept from the private sector to the public sector. Housing has since rebounded back to prior 2007, and investors are happy. Will there be round 2 of crisis? I think likely. Stock investments in Bursa will be tougher to navigate, as more pot holes are created, so, investor need to be more vigilant and careful to avoid the pot holes. Another "notion" we have been sold all this while is market always goes up in the long run, hmmmm, I doubt the older Japanese will agree with you. Give it a thought.