Home price drop means $4 trillion in lost capital

USA : une baisse de l’immobilier de 30% volatiliserait 4 000 milliards de patrimoine (VO)

      

vendredi 13 juin

             

                                         

No one knows when the credit crisis will end.

But when it does, U.S home prices may have lost a third of their value, high-yield bond valuations will hit levels close to those seen during the last recession, and what may amount to $1 trillion of Wall Street losses may translate into almost $4 trillion of lost access to capital.

(...)          Yahoo