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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: kris b who wrote (48337)12/29/2005 11:20:36 AM
From: John Vosilla  Read Replies (1) of 110194
 
"By sucking billions of $ form stupid and gullible capitalists (they will never see their money again) and stealing money from its citizens. The latter will not see their money as well once the phony prosperity build on a quick sand of liquidity bubble collapses."

Classic quote. And when you are too close to the scene like one person here you get blinded not unlike those to close to the phony tech and coastal RE bubbles in this country.. Misallocation of capital, everyone piling in, too much liquidity, inability of operating cash flow to cover debt service..
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