|
you aint seen nothin yet...
the banks and govt are lying about the total losses just to avoid total market collapse..
the banks dont even know how much money they have lost in the derivative market..
this is why even with the bailouts and the loan rate at 0%, the credit markets are still frozen up for the consumer...
by mid 2009, people will start seeing what a depression is all about..
its going to be sad times for a lot of people..
|