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To: benwood who wrote (87910)10/7/2008 8:09:30 PM
From: LLCoolG  Read Replies (1) | Respond to of 116555
 
I warned about Willingham a couple of years ago, too. <grin>



To: benwood who wrote (87910)10/7/2008 8:14:07 PM
From: ggersh  Read Replies (1) | Respond to of 116555
 
People are starting to listen...It may take to long for it to sink in though... This stuff is far from normal, and everyday thinking...



To: benwood who wrote (87910)10/8/2008 9:32:57 AM
From: SouthFloridaGuy1 Recommendation  Respond to of 116555
 
I agree. I'd be shocked if we get the horror stories now though. I still feel the authorities have some bunnies in their hat before we get the real capitulation.

Usually the things I believe you are thinking about occur at the end of a long period of malaise. Example is Argentina in 2001-2002 - 2-3 years after the fact.

In other words, when assets are cheap, and THEN you can't access the banks...Assets aren't cheap yet so there are still lemmings to go in and play the bounces...

But what the F*ck do I know anymore?