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


To: Ramsey Su who wrote (74910)12/6/2006 11:46:55 AM
From: russwinter  Read Replies (1) | Respond to of 110194
 
The apologists have been out, talking about how the credit problems are "average" and contained to "only" subprime. Look at the waterfall in credit insurance though. It's spiking huge in BBB, but next look at it spreading like cancer to the A group. There's credit revulsion starting up. Can AAA Bullies support the whole economy (like a Brazil), is the big question.

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