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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (67434)	11/18/2003 12:21:00 PM
From: Real Man	Read Replies (1) \| Respond to of 94695

You don't want to know. I think it will be unimaginably horrible. The example of a derivative POP was Russia-1998, with it's 98% stock market and 80% currency collapse. It could be worse here, since this derivative credit bubble is a lot bigger, relative to GDP, than it was in Russia! But we have to think of ways to survive. The pop in Russia was done with the debt roughly 33% of GDP, here it's 400%. Currency just popped one day, when the CB ran out of cash to support it.