Can a Brand, Can an Organization¸ Can a Government, Can a
Country be blamed, I believe not as the result of the situation was the of
various vortexes that affected the globalized economy as thereof, the vortexes
collided with epic force it too each another, the result was a “Hybrid Vortex”
(all the vortexes added up) – that played out across world economies, anyway if
we do play the “blame game” what would actually be solved? As the situation and
experience would still exist,
In this globalized economy a proverbial “sneeze” – results
in a chain over events that are played out in various unique countries,
industries, and to clients and to customers as individuals as households across
the world over,
The practice of Securitization – this means a Financial Institution would have a book of loans that are sold more commonly to an SPV (Special Purpose Vehicle) and the SPV acquires the loan – this practice is extremely dangerous and short term focused (when a Market/Economy is based on an excess level (Supply) of credit) as played out in global terms which manifested into a situation in which the level and quality of the Securitization was diluted, an
