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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 (76456)12/22/2006 3:12:48 PM
From: jimmg  Read Replies (2) | Respond to of 110194
 
<<<You got it backwards, credit is growing BECAUSE a bunch of moronic lenders is giving it to a bunch dimwits.

Do you blame the liquor store for the alcoholic's drinking problem? I blame the alcoholic for drinking too much not the business who supplied the booze.

If there is a taxpayer bailout of the banking system, the profit opportunity for shorting the banks will be so lucrative, that I can give a rat's ass about higher taxes and certainly don't care about higher interest rates because I have no debt.