tradersystemguru

The Coming Crash of 2008: A Result of Overleveraging

Matt, looking forward to seeing your film. Two questions for you.

1) The CDS derivatives market is approximately $45 trillion at last estimate (and had been doubling every year). Do you have any idea how much of that is at risk if real estate prices continue to drop?

2) Have you done any research on the demographic challenges facing our economy in work done by Harry Dent and Daniel Arnold? In a nutshell, their premise is that in 2009-10, baby boomers who now represent 78 million Americans hit a median age of 49 after which they will begin to reduce spending in preparation for retirement. This will cause a dramatic drop in consumer spending which is 70% of the US economy. According to the data, each time this has happened in the past (1930 and 1966 in the US and 1990 in Japan), at a minimum a serious extended recession has resulted.

I'd be curious to communicate with you for a possible interview. I can be reached at matt at tradesystemguru.com......

Thanks