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User Info Debt collapse in Q1 2009 worse than in Q4 2008 in forum [Credit]
Dave2882
Posts: 14
Incept: 2008-04-01

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At least according to the recently released Fed's Flow of Funds Report:
http://www.moneyandmarkets.com/new-hard-....

Mish's take:
http://globaleconomicanalysis.blogspot.c....
Yaldor
Posts: 2687
Incept: 2008-05-17

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great article

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For every crash the probability of someone showing that he predicted it is near 1 .

For every prediction of an imminent crash the probability of it being correct is almost zero
Halfbrite
Posts: 2459
Incept: 2008-10-13
Green
Arizona via California
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Outstanding info - thanks Dave.

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"That which cannot continue, will not continue. Brace for impact!"
Rdytmire
Posts: 1022
Incept: 2008-07-07
Silver
Atlanta Ga
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Always like to see good links like this. It makes it easier to inform my friends about this stuff.

Thank you

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"Awesome: I'm a pig and a bigot." - Bezzle
"I don't want a government that's able to effectively know whenever a circumcision happens." - Mrbill
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