To: TigerLikesRooster; PAR35; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; happygrl; ...
2 posted on
03/21/2009 8:23:57 AM PDT by
TigerLikesRooster
(from "Irrational Exuberance" to "Mark to Zero": from '96 to '09)
To: TigerLikesRooster
The hyperleveraged household —
The 800# gorilla sitting on the back of the elephant in the living room, holding the other shoe ready to drop....
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(I made that up... ;~))
4 posted on
03/21/2009 8:32:41 AM PDT by
Uncle Ike
(At some point, government has to be the next bubble to burst. (H/T Freeper This_far))
To: TigerLikesRooster
And yet the government continues to prop up banks which should have collapsed long ago. Had these banks been allowed to collapse, we would see a tightening of credit and more reasonable lending standards.
The economy needs a measure of credit availability in order to grow.
7 posted on
03/21/2009 8:58:59 AM PDT by
pnh102
(Save America - Ban Ethanol Now!)
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