2 replies to this topic

[mike123]

Look at the charts. Whatever writedowns that happened in third quarter will be peanuts compared what is coming in Q4.

http://www.markit.co...ory_graphs.html

[underabigw]

Mike, Great charts. I keep forgetting to check on these from time to time. I agree, this thing has more shoes to drop than in Emelda Marcos' closet. And not just in America, but worldwide. We may very well be on the verge of witnessing something generational in nature happening in the financial/banking sectors. Thanks for sharing. UBW

[mike123]

We have seen the peak of USA. We have enjoyed the bubbles and now we have to pay for it. US economy is on the verge of collapsing all thanks to Bush and Greenspan.