How to Profit from the Debt Crunch
September 2, 2007, Times Online
One man's problem is another man's opportunity, and this is once again exemplified by an article from Times Online UK.
The article says:
"
Volatility in the financial markets is throwing up good deals. These include repossessed property, pawnbrokers and cheap shares. Clare Francis reports
INVESTORS are being urged to turn this summer’s financial-markets crisis to their advantage as the turmoil has shone the spotlight on ways to profit from the world’s spiralling debt crisis.
As debt levels rise towards the £1,500 billion mark in Britain, firms that profit from borrowers’ desperation, such as pawnbrokers and insolvency specialists, are being tipped for a period of unprecedented success.
Meanwhile, buy-to-let investors have been cashing in on the highest level of house repossessions in five years by picking up properties at huge discounts.
"
Billion dollar problems = at least million dollar opportunity for many?
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