Will the locusts arrive shortly thereafter?
“Expect some dramatic youtube videos of thousands diving from tall buildings.”
I’ve been looking for a tall building in my town, but can’t find anything taller than two stories. With my luck, I’d end up with a broken ankle and my portfolio would still suck. ;>)
This may all shake out to be not nearly as bad as some of the most dire posts have suggested. As you pointed out on another thread, how much of the value of “bad paper” that can actually be recovered is TBD.
But one thing is for sure: Heads should roll, and reckless lending practices and exotic financial investment vehicles need to be eliminated