The great real estate crash
I posted this one a year back, but it is still one of my favorites. Lou Minatti meets Patsy Cline
One bubble follows from another
So long as the central banks keeps printing the cash, bubbles will inflate and explode.
Jesse Jackson on subprime
On December 10, the subprime borrowers are marching on Wall Street.
It is a bit pointless, in my view. Wall Street has already heard from subprime borrowers. Bankers already know that there is a problem.
More crisis talk
Banks could be looking at a further $100 billion of losses by the end of the year. Housing will get a lot worse before it will get better.
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