Monday, Aug 20, 2007
"Their new attitude ensures, right now, that the crisis WILL spread. Let me tell you why".
www.TheOilDrum.com: So they all knew it was a bubble, now?
"As the markets keep on going through turbulence, and many conflicting opinions are heard as to whether this is just a harbinger of things to come (my position) or just a "welcome correction" (still that of most "serious" pundits and the conventional wisdom), what's most striking to me - and very revealing on its own - is how suddenly everybody is talking about the real estate bubble as it if were the most obvious thing".
Posted by planning4acrash @ 07:40 PM (270 views) Add Comment
2 Comments
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1. Hotairmail said...
That was interesting. Was reading through the comments to the article down to the bit where the contributors all started coming out and saying they think they may have Asperger's syndrome or ADHD and that maybe such sites attracted that type of person because of the maths required and the quirky world views. Sound familiar?
2. M2 said...
And here, the Economist - the journal of the Establishment - is openly talking about bank failures.
This could have a very long way to go. How safe is your money?