Page 2 - Subregional Office For The Pacific Islands News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Does it automatically mean there is a significant correction like last time around? no we are not close to the behaviors we saw in the housing bubble. it will be subregional in nature not a nationwide affect. the markets are said to be in better shape to rebound from what happened last time. do you agree? i do. they are in better shape. banks are better capitalized. but they are bigger. they gobbled up the smaller banks that were in trouble. is that a good thing? depends how stable they are. the banking sector compared to competitors around the world, is far better equipped to handle financial shock than it was in 2007-2008. thank you very much. ....

Housing Bubble ,