SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: J_Locke who wrote (39608)8/24/2005 4:53:32 PM
From: Jim Fleming  Respond to of 110194
 
Mish

"Credit events" are exactly what led to lenders shutting off construction lending in the late eighties. The shutoff spreads like a pandemic and the interest rates mean nothing when you can't get a loan, period. This time may be different, but I doubt it. The flation debate is terrific. I feel like I am playing "pin the tail on the donkey" trying to figure out who I agree with.

Jim