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


To: bart13 who wrote (85140)8/16/2007 8:10:45 AM
From: Pogeu Mahone  Read Replies (2) | Respond to of 110194
 
Put this in your pipe and smoke it!

Enjoy your fantasy that monkey see monkey do
does not happen anymore(very sarcastic)

Both Fitch Ratings and Standard & Poor's have warned over recent months that credit growth has mushroomed out of control across much of the former Communist bloc, replicating patterns that have led to financial crisis in the past. An unpublished IMF paper said excesses resembled those of the East Asia bubble in 1997.
telegraph.co.uk
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This is the third time I've said "wasn't talking about the housing bubble though, but rather about a slightly more sane banking/mortgage setup without all the packaging and tranches etc. etc."