well…………….
if you are so convinced, then i urge you to invest appropiately. i’d buy puts on every subprime lender still standing on one foot. i can guarantee you that whether markets go up or down, the money always gets taken from someone and given away to someone else. i woldnt be surprised at all to learn that hedge funds have been raking it in on the way up and are raking it in by shorting these same MBS’s on their way down…