Jon T.

The "Worst Is Over" Crowd Is In for a Shock

What many who leave comments here and elsewhere completely fail to take into consideration is that the disruption/destruction of the structured finance systems of western economies that we are currently facing is without precedent. There is no historical event that this current situation can be compared with, plain and simple. It is of a magnitude many times greater than anything that has come previously. If you can't see that, I wonder, are you really looking at what is transpiring or simply projecting what you believe will happen based on ideology. Stop, step back, and take a look around you and honestly assess the gravity of the situation. It's quite easy to see if you're the least bit willing.