“Stress Test” results are in: US Banking System is in complete and total collapse.
Lenny Dykstra, ex-baseball player, and options trading tout, getting house and plane repo’d. Another indication that market is bottoming out.
Massive wave of foreclosures hitting California this month
Andy Beal: “Unemployment is going over 10%, commercial real estate hasn’t even begun collapsing and corporate credit defaults are just getting started”. A great time to be buying distressed assets from Vikram Pandit, and Ken Lewis!
Ignore the Propaganda – Real Unemployment Rate is 15-19.8% say experts
Even Bernie Madoff would be impressed
Trump: “No thanks, I can lose my own money.”
When the smart money is confused….Market is at an inflection point
Consumers still need mobile phones, and coffee
