Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Tommaso who wrote (85222)	8/17/2007 2:35:29 AM
From: benwood	Respond to of 110194

I also believe this will be a more damaging decline, but I'm not sure how it will manifest itself (stock market, credit markets, unemployment, war, etc.). '87 was bubbly, but nothing like the shenanigans that transpired in the past 8-9 years. And remember it was just two years I think before the bull steamed ahead after that '87 drop which also made the durable low on that one day. It was literally a 15-day or so bear market, with fallout for a while longer of course. This time, I think we'll be paying the reaper for a decade or more for our willingness to accept drugs (credit) in exchange for dealing with the mess from the last boom, esp. the internut mania and all the malinvestment that encouraged.