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Subject A brave soul on MSM Bloomberg tells the truth about whats coming!
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Original Message Some highlights

"People involved equities don't really understand how badly broken the financial intermediation system is."

Subprime is a problem, but there's this whole "circle of disaster" and that brings us back to housing.

The US government might be downgraded as a result of this

"You take enron/worldcom, you take the internet bubble, you take LTCM, you take the junk bond crisis, you take the S&L crisis you take the
housing crisis of 1990, roll them all into one, and that's what we're looking at."'


Vid is here [link to www.bloomberg.com]

Props to [link to www.tickerforum.org]
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