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Old 11-30-2007, 04:27 PM   #29
Thinks s/he gets paid by the post
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Join Date: Jun 2006
Posts: 1,377
Quote:
Originally Posted by tryan View Post
This mess is not big enough for THAT impact.
A lot of people have underestimated the magnitude of this thing. So far, the most pessimistic predictions have turned out to be on the optimistic side.

Imagine a crash bigger than the dot-com crash, but instead of a bunch of nimble 20-somethings out of work for a couple years, the banks are the dot-coms. Banks are the backbone of our economy. Dot-coms we can live without.
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