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MrWhy.com » Videos » Money Magazine - 財經雜誌 - Geithner Package-Stimulus - 2009-02-17 |
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Money Magazine - 財經雜誌 - Geithner Package-Stimulus - 2009-02-17
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Money Magazine - 財經雜誌 - Geithner Package-Stimulus - 2009-02-17
Geithner Package-Stimulus Treasury Secretary Timothy Geithner unveiled a plan that would put up to US$2 trillion to work mopping up bad assets and restoring credit. However it landed with a thud as Wall Street dropped 4.6%. Meanwhile the US Senate approved a US$838 billion economic stimulus package advanced by the White House. Money Magazine talks to experts about the merits of the plans. Currency Trend What impact will the rescue plan have on world currencies? The Euro and the Pound have been falling over recent months and with the worsening economies of the UK and continental Europe worsening, the prospects are not that rosy. Used Cars Car sales in Hong Kong are down about 40% during this economic downturn. But the car maintenance business is up, as people hold onto their cars a little longer. Money Magazine looks moves some dealers are making in an effort to boost sales.
Video Length: 1285
Date Found: February 19, 2009
Date Produced: February 17, 2009
View Count: 21
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