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An Implosion

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December 14, 2007 – Comments (4)

I was just looking at Calculated risk and a graph they plotted....

I am useless at remembering how to link a picture, and I get it wrong even when I try two ways, but let me try...

As stated, this would be outstanding as an investment.  It is a real problem when it is non-performing assets...

You also have to read the quoted section, which is the reality of low interest rates set to fit a percentage of income that was never adjusted for the gross difference in borrower leverage and empowerment to pay back that debt.  To appreciate the difference in low interest debt to a fixed percent of income, read my "Six Degrees of Leverage" series I wrote this December.  

4 Comments – Post Your Own

#1) On December 14, 2007 at 8:21 PM, dwot (73.61) wrote:

I am so useless at making pictures show up...

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#2) On December 14, 2007 at 11:53 PM, FoolishChemist (97.01) wrote:

 

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#3) On December 14, 2007 at 11:55 PM, DemonDoug (84.69) wrote:

LOL i love that video with cramer railing against the fed.  what a poser.

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#4) On December 15, 2007 at 1:51 AM, dwot (73.61) wrote:

Thanks FoolishChemist.  The graph is the non-performing assets.  I don't think you could draw a better concave up curve if you tried...

I am a chemist as well.

I am not a Cramer fan. 

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