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: WillieTee who wrote (83213)6/29/2007 1:17:47 PM
From: John Vosilla  Read Replies (1) | Respond to of 110194
 
Which party had control and looked the other way during the three period of the excess credit creation the 1920's, the 1980's and the 2000's? During every other period any person alive today the other party had some if not total control and we didn't have these 'problems'. I hate partisan political BS and consider myself a conservative person but the facts speak loud on when financial weapons of mass destruction and extreme periods of lax lending and reckless speculation in the main stream have taken place..

PS. the dotbombs of the late 1990's and gold of the 1970's were isolated manias not due to any widespread lax lending filtering through the real economy..



To: WillieTee who wrote (83213)6/29/2007 2:21:02 PM
From: Mike Johnston  Respond to of 110194
 
The fear of actually losing money will go a long way to correct the current situation.

Financiers playing with OPM never have fear of losing money because of following reasons:

1) "hit and run" compensation system ( hedge funds)
2) Greenspan / Helicopter put
3) focus on relative performance