MONDAY’S MUST READS
15 March 2010 by Cullen Roche
2 Comments
- Empires on the edge of chaos - Fergusson
- Taking on China - Krugman
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Comments
last week saut was a bull…..same split personality that afflicts me
hard to figure this one
TPC – Hussman keeps writing about the wave of resets currently underway. My question is weren’t most of these loans in trouble long ago and possibly already in foreclosure? Meaning that in really there isn’t a large chunk of resets outstanding and the effect on the overall economy will be muted. Any thoughts?