RE:RE:The trend is your friend Death To Cheap Credit Zombies | ZeroHedge My Comment: There was a typo in my previous post: :the Fed will be in a real BIND".
The article linked above recgnizes the problems the tremendous amount of debt will have as rates continue to rise. I see no way we get off easy from the collapse of the Fed induced global mega bubble in everything. A financial crisis is in the making.
Excerpt:
As night follows day. And day follows night. Big time defaults are coming. Moreover, the bear market’s not over…not by a long shot.