23 Oct 09
Originally posted by uzlessWhy have we forgotten about it?
So how come no one is talking abot the massive credit losses that haven't been accounted for in the derivatives market? The 30 trillion dollars made available in the bailouts is a mere drop in the bucket.
Why have we forgotten about it?
because its too painful to remember.
23 Oct 09
Originally posted by uzlessProbably because few people know about it and fewer understand it.
So how come no one is talking abot the massive credit losses that haven't been accounted for in the derivatives market? The 30 trillion dollars made available in the bailouts is a mere drop in the bucket.
Why have we forgotten about it?
23 Oct 09
Originally posted by sh76I feel like were at that stage just before the tsunami hits where the water actually runs back OUT to the sea and everyone is drawn onto the shallow beach in a seemingly peaceful quiet time.
Probably because few people know about it and fewer understand it.
What happens when the water starts to form a giant wall and moves in to crush everyone standing on the beach?
23 Oct 09
Originally posted by uzlessI think we're all standing on that beach. How will the Fed stave off the coming inflation storm if raising rates will sink all the banks? Kind of a damned if you do, damned if you don't sorta thing. I don't know how Bernanke manages to seem so calm.
What happens when the water starts to form a giant wall and moves in to crush everyone standing on the beach?
