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Old 11-30-2007, 04:23 PM   #28
Thinks s/he gets paid by the post
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Join Date: Mar 2005
Posts: 1,733
Quote:

This whole mess should not be looked at as an opportunity to kill the wounded. Trust me on this one: if banks, there investors and the borrowers all go under, and that drives us deep into a recession/depression
This mess is not big enough for THAT impact. Just have to go back ~20 years to the S&L "crisis" .... Resolution Trust Corporation "bailout" ... same stuff just fast forward a couple decades. I made my wad killing the wounded ... just sit still; they're coming.
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