Bubb / Dominic
Sorry I haven't read everything here tonight. Have any of you guys read monkey-man ?...! 's latest thread over on HPC:
"It's Over, It's All Over, LCDX spread = 810bps!"
http://www.housepricecrash.co.uk/forum/ind...showtopic=90967
Any comments?
"This is the end of the world as we know it.
The bail outs have failed.
It's time to usher in a new age of economics because Freidman was wrong.
Credit markets have continued to worsen. This is now at least as bad as 1929.
I'm expecting broad job losses now. Across the board. This is the worst time in history to hold an debt. "
EDIT= I go to the pub an when I get back all hell breaks loose. Shit.
