Seen on the Big Picture blog comments
Now that the horses are long gone it is time for a careful structural analysis of the barn and critical look at the corporate "open door" policy.
Saturday, April 26, 2008
Wednesday, March 26, 2008
Like a catapult
Why is the current housing/mortgage crisis like being shot out from a catapult?
There are several ways:
There are several ways:
- The damage is really done during the ride up - but it's only recognized once you start down.
- Once you're launched, it's really, really hard to see how it's going to end well.
- And if you don't know what's coming at the end, the ride up can be pretty exhilarating.
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