xtronics

NYT - 'Prime Loans About to Implode': Where's the Evidence?

The author must not have looked at these graphs:

calculatedrisk.blogspo...

www.burbed.com/2008/06.../

Rearranging the chairs makes the situation opaque:

online.wsj.com/article...

Like the energizer bunny the resets keep on going until 20012. The short term

The real unknown variable is how sloppy and at what times were the credit checks? How many of these loans had no or poor collateral?

If what the author selling is true, why is the desperate act of a currency intervention going on (see blog.nowandfutures.com... entry on 8/10/08).