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User Info Oh Do Come On Friday; entered at 2007-12-01 22:46:56
Genesis
Posts: 113957
Registered: 2007-06-26
Quote:
Gen, you have put the explosions in your tickers many times, so as far as major financial crisis beyond recession, afraid you cannot back off now credibly and call for only a recession without pulling back from past hyperbole.

On the contrary.

A nice nasty recession fits the thesis perfectly.

I said in April that this would not be "bottoming" until we had at least one money-center bank that either was forcibly reorganized or actually went*****-up.

I believe what I believe. If I'm wrong I'm wrong. I don't see how we can "muddle through", but I could be wrong. Its entirely possible.
2007-12-01 22:46:56