i enjoyed the videos, and yes they did explain the issue of subprime well.
what can we as retirees or potential ones do to protect ourselves from the fall out? my husband and i recently consulted our planner re retirement planning. the plan was implemented. in australia the most tax effective thing is to hold assets in super. however since august the value of the managed funds, despite being diversified are not acheiving the expected growth. we are being told this is partly related to the subprime issue. it would be nice to be quarented from this problem and its damage. once we retire clawring back lost funds is potentially more difficult. does anyone have any answers? weny