http://www.dailyreckoning.com.au/fate-of-subprime-debt/2007/08/03/ An independent perspective on the Australian and global investment markets Sat, 20 Mar 2010 21:24:16 +0000 http://wordpress.org/?v=2.8 hourly 1 http://www.dailyreckoning.com.au/fate-of-subprime-debt/2007/08/03/comment-page-1/#comment-2867 hooverville Mon, 06 Aug 2007 08:49:13 +0000 http://www.dailyreckoning.com.au/fate-of-subprime-debt/2007/08/03/#comment-2867 Like the Phony War the world awaits a big bang. Or does it. A globe awash with post-dot com bubble cheap credit can't end without negative consequences for the many. Don't underestimate the gnomes of Wall Street and their paid-for hacks in D.C. to leverage their positions to a personalized soft landing whilst the masses reap what they permitted to be sown ostensibly on their behalf. By November we'll see which half gets the better of nature's equation of gravity. Like the Phony War the world awaits a big bang. Or does it. A globe awash with post-dot com bubble cheap credit can't end without negative consequences for the many. Don't underestimate the gnomes of Wall Street and their paid-for hacks in D.C. to leverage their positions to a personalized soft landing whilst the masses reap what they permitted to be sown ostensibly on their behalf. By November we'll see which half gets the better of nature's equation of gravity.

]]> http://www.dailyreckoning.com.au/fate-of-subprime-debt/2007/08/03/comment-page-1/#comment-2865 eggsigino Sun, 05 Aug 2007 14:36:04 +0000 http://www.dailyreckoning.com.au/fate-of-subprime-debt/2007/08/03/#comment-2865 ummm... any chance of similar (sub-prime, ARM) problems turning up in australia? ummm... any chance of similar (sub-prime, ARM) problems turning up in australia?

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