I am "challenged" when it comes to all of this finance business. I ride the short bus, if you will. I would like more information on all of the "toxic assets" that are still out there pending. Mr. Xenakis mentions this often but everytime he does, I wonder......when does all of this actually hit? I mean, say, if we are playing cards and I am called, I have to lay my cards down. Is there some trigger or some rule within the financial system thay would require all of these assets to be "called"? Like, when do the investors/creditors or whomever actually have to fall on that sword? How long can known toxic assets stay alive?
If, it is possible to be "called", this would seem to me to be a vital piece of G.D. theory would it not? (again, my education is limited and my question is badly worded, so if this has already been answered, I do apologize)
An explanation please:
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- Posts: 16
- Joined: Mon Jan 30, 2012 12:13 pm
- Location: Seminole County Fl
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- Posts: 16
- Joined: Mon Jan 30, 2012 12:13 pm
- Location: Seminole County Fl
Re: An explanation please:
thank you.
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