Thursday, April 26, 2007


Bubble of the Day

The markets now operate as unregulated banks generating mountains of credit through massively leveraged debt instruments — a monster credit bubble larger than anything in the history of capitalism. —Mike Whitney writing in "Housing Bubble Boondoggle: 'Is it too late to get out'?"

Related post
Headline of the Day (4/24/07)


Post a Comment

<< Simply Appalling Home

Atom feed

Weblog Commenting and Trackback by
Blogarama - The Blog Directory

Blog Search Engine

Blog Top Sites

This page is powered by Blogger. Isn't yours?