What are the "Water-shed" events we can expect over the year?

[c1ue]

Re: What are the "Water-shed" events we can expect over the year?

Adam,

But many of the companies in question have not failed.

They still lurch forward, zombie-like, with the government cash i.v. plugged into their arms:

AIG - direct i.v.
Citibank - direct i.v.
Wachovia - plugged into BofA
WaMu - plugged into JPM
(the two above, perhaps vice versa in a frankenstein fashion)
GM - bailout forthcoming

This is kind of the point about malinvestment - what we're seeing now is exactly the same as what Japan did in the 90's with their financial sector.

[raja]

Re: What are the "Water-shed" events we can expect over the year?

- Home prices bottom in mid 2009 as ARM readjustments peak.

I don't thing the ARM readjustment peak is the only variable. What about foreclosures due to rising unemployment and the ensuing Depression?
I say housing prices will go down for several years . . . .

[metalman]

Re: What are the "Water-shed" events we can expect over the year?

next generation rules!

[Guest]

Re: What are the "Water-shed" events we can expect over the year?

Try being a little less glib for a while - just to introduce a little variety to your repertoire maybe?