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More Pain To Come

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More Pain To Come

Unread postby deMolay » Tue 02 Jun 2009, 00:31:38

An ugly picture painted by charts. http://globaleconomicanalysis.blogspot.com/2009/05/mortgage-meltdown-more-pain-to-come.html
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Re: More Pain To Come

Unread postby topcat » Tue 02 Jun 2009, 07:20:01

+1 doomer porn
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Re: More Pain To Come

Unread postby kpeavey » Tue 02 Jun 2009, 07:50:35

I see hockey sticks in charts with great frequency nowadays
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Re: More Pain To Come

Unread postby mos6507 » Tue 02 Jun 2009, 08:29:19

kpeavey wrote:I see hockey sticks in charts with great frequency nowadays


Did you hit your head at a Rush concert or something? Might want to get that checked. ;)
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Re: More Pain To Come

Unread postby AgentR » Tue 02 Jun 2009, 09:24:04

kpeavey wrote:I see hockey sticks in charts with great frequency nowadays


Unfortunately most of these "hockey stick" charts seem to be non-zero indexed on the y axis....

Wonder why that might be? :lol:
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Re: More Pain To Come

Unread postby jdmartin » Tue 02 Jun 2009, 11:24:06

cbxer55 wrote:In a related post, and since California, Nevada, Arizona and Florida are the four states on the leading edge of this crisis, appropriate.


Great links, thanks for that. That's some scary scat! Another reason it pays to get prepared for something, anything other than what's always been...
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Re: More Pain To Come

Unread postby AAA » Tue 02 Jun 2009, 11:31:25

Its crazy that people still think the credit crisis is due to high oil prices.
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Re: More Pain To Come

Unread postby pedalling_faster » Tue 02 Jun 2009, 12:13:12



& if you go there you will find this link
http://moremortgagemeltdown.com/downloa ... crisis.pdf

T2 partners did a great write-up on the mortgage industry about a year and a half ago. this one looks good too.
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Re: More Pain To Come

Unread postby sameu » Wed 03 Jun 2009, 07:10:09

AAA wrote:Its crazy that people still think the credit crisis is due to high oil prices.

since money stands for energy
and credit for future energy
I don't believe this is just coincidence
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Re: More Pain To Come

Unread postby deMolay » Wed 03 Jun 2009, 08:58:54

The 147/barrel oil or Peak Oil brought down the house.
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