The real problem which we face is long time known … but nobody acts … stupid-no-brain-over-leveraging … Whether we talk about SIVs, banks, hedge funds or even consumers or home owners … ALL of them leverage until NOBODY can help. Greedy banks lure us in EVERY single day … Whatever you needed or desired … [...]

… at least for now … but most certainly will The reason is: People don’t (want to) understand, what is going on. A classical case of desinformation and DENIAL. Like seeing light at the end of the tunnel and not realizing, that it is a STEAMTRAIN … So far, any bubble was explainable and feelable. [...]

In the aftermath of the 1987 Stock market crash, the US stock exchanges introduced so called Circuit-Breakers, to stop automated selling at some point and to try to force people to THINK during the time, they could not trade. Now, 1 day after the biggest fall of the Dow on a first trading day of [...]