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  • Lehman's Collapse: Broader Economic Damage Unlikely
    With no more Wall Street banks - property values in New York City are going to start plummeting...feeding the fire...
    Sep 15 23:53 pm |Rating: 0 0 |Link to Comment |View article
  • Lehman's Collapse: Broader Economic Damage Unlikely
    Historically, the average bear market decline = 36%. We haven't even hit that average decline yet. The SnP500 would need to hit 1000 just to make that average decline.

    On average, there are typically 2 bear markets a decade.

    This isn't your average bear market.

    The entire banking system may need to be nationalized.
    Sep 15 18:25 pm |Rating: 0 0 |Link to Comment |View article

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