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

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To: UncleBigs who wrote (71398)10/8/2006 1:19:33 PM
From: kris b  Read Replies (1) of 110194
 
Eventually, either financing costs rise or income comes in below expectations, leading to defaults on payment commitments."

One could argue that income comes in below expectations because lenders don't want to extend more credit and the demand for THINGS goes down cutting into the profit. What does bring Ponzi schemes down? Lack of new money coming into the game. This one shouldn't be any different.
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