InvestorsHub Logo
Followers 24
Posts 2281
Boards Moderated 0
Alias Born 06/03/2004

Re: tjwny post# 34843

Monday, 07/14/2008 10:08:46 PM

Monday, July 14, 2008 10:08:46 PM

Post# of 51808
TJ - Bottom Falling Out

Large corporations still have large, unfunded pension liabilites, as do municipalities.
States' budgets are hurting.
The Federal budget will be hurting if they try to bail out FRE FNM.

The amount of digital dollars to printed dollars is probably 20:1. Something that costs $20 now could end up being bought for $1 during the panic phase of the credit contraction.

Blindfold yourself, throw a dart, and whatever you hit could very well be the next shoo to drop.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.