Legal Disclaimer

All opinions expressed on this site are those of the author and may contain errors (I make mistakes) or omissions (I am not telling the whole truth).

!Thank You!

Thursday, December 27, 2007


Must read and re-read and keep on the kitchen refrigerator.


SKI said...

He's quite bearish, wouldn't you say?

michaelD said...

pretty dire predictions. the only one i wonder about is oil. i'm not saying it won't surge up but i'm more inclined to see it fall off in '08.

i've seen other discussions like this and credit cards, which are unsecured and apparently 'written off' more often than we would think, will become a huge liability. just as subprime made for a fast huge run-up, abused credit cards have done the same thing; it just took longer. when people stop working and spending they stop driving. oil won't be able to hold up