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: clochard who wrote (98015)9/29/2008 3:08:23 PM
From: benwood2 Recommendations  Respond to of 110194
 
I agree. Far fewer banks; far fewer loans. It was an unsustainable bubble.

We need to get back to saving up for stuff. It won't kill anybody (excluding medical).

We need to accept that the financial services sector should provide no more than 10-12% of GDP, and this 33-40% is just a terribly destructive situation whose fallout will be felt for years but which must be eliminated with a return to sanity.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News