European Tribune - Comments - Wednesday Open Thread

Wednesday Open Thread | 141 comments (141 topical, 0 editorial, 0 hidden)

Re: Wolfgang Munchau's patience is exhausted (none / 1)

The guy is optimistic: I've been calling it the Great Depression of the 2010's. I doubt the financial crisis itself will be over before the end of 2009.

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith

by Migeru (migeru at eurotrib dot com) on Wed Oct 8th, 2008 at 05:11:08 PM EST
[ Parent ]

Re: Wolfgang Munchau's patience is exhausted (none / 0)

The last big heap of toxic Alt-A loans resets in 2010, according to Calculated Risk. So I would expect the last big financial shakeup then. Unless they manage to actually predict the effects. beforehand this time.

by Trond Ove on Thu Oct 9th, 2008 at 05:49:51 AM EST
[ Parent ]

Re: Wolfgang Munchau's patience is exhausted (none / 0)

This crisis is about much, much more than mortgage lending...

Un roi sans divertissement est un homme plein de misères

by linca (antonin POINT lucas AROBASE gmail.com) on Fri Oct 10th, 2008 at 08:04:40 PM EST
[ Parent ]

Re: Wolfgang Munchau's patience is exhausted (none / 0)

The Doom is Nigh!

by Trond Ove on Mon Oct 13th, 2008 at 01:32:19 PM EST
[ Parent ]

Wednesday Open Thread | 141 comments (141 topical, 0 editorial, 0 hidden)

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