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


To: kris b who wrote (50874)1/23/2006 10:23:52 AM
From: John Vosilla  Respond to of 110194
 
"I agree that when the next crisis hits there will be a massive transfer of wealth from the old guard to the new one"

Who is the new guard? Here I was thinking depressed assets get bought up on the cheap by the old guard as the new guard is up to their eyeballs in debt trying to navigate negative monthly cash flow..