I the meltdown here yet?

Discussion in 'Economics' started by stock_trad3r, Sep 14, 2007.

  1. where is the subprimne/liquidty.credit/mortgage/housing/hedgefund doom and gloom?

    Has the sky fallen yet? where are riots and panic?

    The markets arent volatile. Making moeny is easy.

    So much free easy money. Tons of cash to go around. Tons of spending. huuuge Overseas growth. Everything is fine.
  2. asinine


    Not here yet...

    Wait until a GM strike pushes some GM workers past 60 day foreclosures. Or, on a re-negotiation of the contract can't afford the mortgage anymore after the reset!

    If the beloved auto worker can't afford their house, then the auto parts worker won't be able to either.

    That GM negotiation could be critical!

    Also, S&P into such a perfect pennant right now!
  3. Wait till 2008.