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Strategies & Market Trends : Strictly: Drilling II

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To: Roebear who wrote (12620)5/20/2002 6:31:19 PM
From: SliderOnTheBlack  Read Replies (1) of 36161
 
Roebear re: [The implosion is just beginning."]

....have you seen the Bankruptcy stats ?

Up 15% over last year and there is talk about it ramping from there.

The Banks & Consumer Finance co's are covering up a damn ready to burst of delinquencies, defaults & Bankruptcies ...literally into unprecedented territory.

The US Dollar has broke, the Housing Bubble is next.

And I'm smellin' a derivative debacle.
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