{"id":6619,"date":"2007-08-02T11:32:50","date_gmt":"2007-08-02T14:32:50","guid":{"rendered":""},"modified":"2017-09-04T14:36:25","modified_gmt":"2017-09-04T17:36:25","slug":"how-a-u-s-credit-crunch-went-global","status":"publish","type":"news","link":"https:\/\/amchamchile.cl\/en\/noticia\/how-a-u-s-credit-crunch-went-global\/","title":{"rendered":"How a U.S. Credit Crunch Went Global"},"content":{"rendered":"<p><!--:es-->Anyone who clinged to the notion that the risks lurking in America&#8217;s mortgage pool were a local concern has now been proven wrong. The U.S. subprime mortgage market \u2014 turned sour by borrowers with poor credit struggling to meet payments as interest rates rise \u2014 is fast becoming a global worry. With huge chunks of this debt packaged up and sold to financial companies across the world, bad loans are roughing up banks and markets just about everywhere.<br \/>\n<!--break--><br \/>\n<a href=\"http:\/\/content.time.com\/time\/business\/article\/0,8599,1651865,00.html?xid=rss-business\" target=\"_blank\">Time Reports.<\/a><!--:--><!--:en-->Anyone who clinged to the notion that the risks lurking in America&#8217;s mortgage pool were a local concern has now been proven wrong. The U.S. subprime mortgage market \u2014 turned sour by borrowers with poor credit struggling to meet payments as interest rates rise \u2014 is fast becoming a global worry. With huge chunks of this debt packaged up and sold to financial companies across the world, bad loans are roughing up banks and markets just about everywhere.<br \/><!--break--><br \/><a target=\"_blank\" href=\"http:\/\/content.time.com\/time\/business\/article\/0,8599,1651865,00.html?xid=rss-business\">Time Reports.<\/a><!--:--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Anyone who clinged to the notion that the risks lurking in America&#8217;s mortgage pool were a local concern has now been proven wrong. The U.S. subprime mortgage market \u2014 turned sour by borrowers with poor credit struggling to meet payments as interest rates rise \u2014 is fast becoming a global worry. With huge chunks of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"template":"","news_tax":[],"user_type":[],"class_list":["post-6619","news","type-news","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How a U.S. Credit Crunch Went Global - AmCham Chile<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/amchamchile.cl\/noticia\/how-a-u-s-credit-crunch-went-global\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How a U.S. Credit Crunch Went Global - AmCham Chile\" \/>\n<meta property=\"og:description\" content=\"Anyone who clinged to the notion that the risks lurking in America&#8217;s mortgage pool were a local concern has now been proven wrong. The U.S. subprime mortgage market \u2014 turned sour by borrowers with poor credit struggling to meet payments as interest rates rise \u2014 is fast becoming a global worry. 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The U.S. subprime mortgage market \u2014 turned sour by borrowers with poor credit struggling to meet payments as interest rates rise \u2014 is fast becoming a global worry. 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