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lentinman

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lentinman

Re: MasterPicker1 post# 1768

Tuesday, 03/13/2007 4:52:35 PM

Tuesday, March 13, 2007 4:52:35 PM

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MP:

The ridiculous thing is that they could EASILY have controlled the bubble 3-4 years ago, but they let it run amok until it collapsed of its own weight - as all bubbles do. Since home equity has driven such a huge percentage of our entire economy for the past 5 years, the results of a sudden halt in that spending is bound to be majorly bad.

Len

Warren Buffet: 5 minutes and 17 seconds of pure, unadulterated, bulletproof, flawless logic.



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