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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Joan Osland Graffius who wrote (1411)10/10/2003 1:30:21 PM
From: russwinter  Read Replies (1) | Respond to of 110194
 
I think this easy (free) money has unleashed a katie bar the doors monster moral hazard trade, involving a large group of people, willing to gamble everything they have. They're into the fantasy, not the facts or reality. The attitude expressed in this article tells it all, multiplied by millions. It will end very very badly, just hope it doesn't take me out first. The indicators (cited here) I use suggest the lunatic crowd is about out of money, perhaps permanently:

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