In Sea of Debt, Are We Waving, or Drowning?
Posted on September 18, 2008 at 11:15 AM EDT
Hello Minyans! Sorry I've been a bit out of the loop lately but trading and money management responsibilities have most of my full-time attention. But here goes on the credit market - a topic I have covered extensively for Minyanville particularly in A Tale of Two Markets.I have been saying for years that I "earned" my gray hair by seeing prior credit crises. And as they say there's no substitute for experience. Furthermore I've stated that just as the build-up of debt was unprecedented so would the fallout be unlike any we'd seen before. And now it's here. The credit ...