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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: dybdahl who wrote (2233)11/13/2007 6:29:11 AM
From: Real Man  Read Replies (1) | Respond to of 71477
 
What's going on is a severe meltdown in the credit market and
credit derivatives market. Many more mortgages are resetting
right now and will reset in the near future, so
I would expect that the crisis will get much worse, not
better. Many banks
and brokerages are already insolvent and will be bankrupt soon.