This is why we have to make this count and screw up big time. There will be no second chance to screw up again.[/quote]
this seems to be the plan.[/quote]
that would be yours truly.
A corollary to that would be that each screw up has to be bigger than last time. Repeat screw up at smaller scale would not be helpful at all.
What this means is that the magnitude of next screw up after housing bubble has to eclipse the housing bubble in scale.
