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  • Goldman: Total Leveraged Credit Losses = $1.2 Trillion [View article]
    Some questions if GS is correct and there is still more than 80% (almost $1trn) to be written off:

    Has the pain and trauma from the write-offs to date been proportional to the size of those write-offs, exaggerated in anticipation of what is to come or diminished due to the administering of fiscal and monetary anesthetics / treatment?

    Will the pain and infection from future write-offs be similar to what has been experienced so far or will it be cumulative and increasing in intensity?

    Will there be sufficient quantity and type of anesthetic and treatment options to deal with the additional $1trn of write-offs?

    What side effects might be expected? Are the anesthetics addictive? What is the prognosis?




    Mar 30 16:20 pm |Rating: 0 0
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