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Deflation - Chris Whalen

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October 18, 2010 – Comments (1)

Here is an interesting pdf link the health, or lack thereof on banks.

Last conclusion gave a timeline for the final unwind of the subprime bubble:

Impending operational collapse of some of the largest U.S. banks will serve as the catalyst for re‐creation of RFC‐type liquidation vehicle(s) to handle the operational task of finally deflating the subprime bubble. End of the liquidation cycle of the deflating bubble will arrive in another four to five years.

There are a number of good points brought up.

1 Comments – Post Your Own

#1) On October 19, 2010 at 1:25 AM, HansHauge (32.54) wrote:

WTB gold

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