woodrow, I appreciate dissent, and I love a good debate. However, these types of comments are personal and not about the loans at all: ” extremely biased PS is in her analysis, “her credibility is questionable at best”, ” you’re great when you’re not spinning!” So yeah, that sounds a little rude.

sduuude, you are right about the forecasts. Like Roubini, I take existing data to make my analysis. A forecaster takes the data that is out there already, and knows how to craft it into a sensible story. If you read the “bubble bloggers” on the right, you see that they all take existing data and stories, and use it to craft their own analysis. Just to clarify, are you holding me to a higher standard than Nouriel Roubini or Barry Ritholtz?

North County Jim is a model for how to disagree. He often disagrees with me, and he is a perfect gentleman, because he uses logic, so he doesn’t need to let his emotions control him. I really respect people like him, and he exemplifies how we should all behave.