Suuuure I believe this..! Oh man, what a laugh.
You know what the pattern was in the Japanese collapse?
They screamed LOUDER and LOUDER that the retrenchment was OVER as things sank down into Davey Jones’ Locker —more and more shrill, all the time.
I see the same thing happening in the USA, now.
Goldman owned the best information about the bad shape of securitized mortgages EVEN AS THEY SOLD THEM TO OTHERS. And it made sense, since they also SHORTED them, on the other side.
Why would they not do THE SAME to others now, hmmm...?
They’re just acting the same, here —no surprise.