Volcker: Crisis May be Even Worse than Depression

[j]

I don’t know if it is worse than the Great Depression, but it would definitely be worse if there was not FDIC. FDIC prevented a panic. Everything that is happening now is totally rational.

A bank loses money for the quarter and the forecast is loses for rest of the year if not more, so its stock goes down. Don’t have the money for loan payment, so the loan is denied. Nobody can buy an over priced mcmansion, so the price goes down.

[Anonymous]

[quote=kewp]Uh, how does ‘faster’ equal ‘worse’?

I would assume if we deteriorate faster we can recover faster, correct?
[…]
[/quote]

Agreed: ‘faster’ does not necessarily mean ‘worse’. The world moves faster in general today.

But can we recover faster also? Careful what you wish for. If we recover too quickly, we will probably be primed to do it all again…

[Anonymous]

[quote=kewp]Uh, how does ‘faster’ equal ‘worse’?

I would assume if we deteriorate faster we can recover faster, correct?
[…]
[/quote]

Agreed: ‘faster’ does not necessarily mean ‘worse’. The world moves faster in general today.

But can we recover faster also? Careful what you wish for. If we recover too quickly, we will probably be primed to do it all again…

[Anonymous]

[quote=kewp]Uh, how does ‘faster’ equal ‘worse’?

I would assume if we deteriorate faster we can recover faster, correct?
[…]
[/quote]

Agreed: ‘faster’ does not necessarily mean ‘worse’. The world moves faster in general today.

But can we recover faster also? Careful what you wish for. If we recover too quickly, we will probably be primed to do it all again…

[Anonymous]

[quote=kewp]Uh, how does ‘faster’ equal ‘worse’?

I would assume if we deteriorate faster we can recover faster, correct?
[…]
[/quote]

Agreed: ‘faster’ does not necessarily mean ‘worse’. The world moves faster in general today.

But can we recover faster also? Careful what you wish for. If we recover too quickly, we will probably be primed to do it all again…

[Anonymous]

[quote=kewp]Uh, how does ‘faster’ equal ‘worse’?

I would assume if we deteriorate faster we can recover faster, correct?
[…]
[/quote]

Agreed: ‘faster’ does not necessarily mean ‘worse’. The world moves faster in general today.

But can we recover faster also? Careful what you wish for. If we recover too quickly, we will probably be primed to do it all again…

[kewp]

[quote=pri_dk]
But can we recover faster also? Careful what you wish for. If we recover too quickly, we will probably be primed to do it all again…[/quote]

One of my hobbies is volatility arbitrage so that is fine by me!

[kewp]

[quote=pri_dk]
But can we recover faster also? Careful what you wish for. If we recover too quickly, we will probably be primed to do it all again…[/quote]

One of my hobbies is volatility arbitrage so that is fine by me!

[kewp]

[quote=pri_dk]
But can we recover faster also? Careful what you wish for. If we recover too quickly, we will probably be primed to do it all again…[/quote]

One of my hobbies is volatility arbitrage so that is fine by me!

[kewp]

[quote=pri_dk]
But can we recover faster also? Careful what you wish for. If we recover too quickly, we will probably be primed to do it all again…[/quote]

One of my hobbies is volatility arbitrage so that is fine by me!

[kewp]

[quote=pri_dk]
But can we recover faster also? Careful what you wish for. If we recover too quickly, we will probably be primed to do it all again…[/quote]

One of my hobbies is volatility arbitrage so that is fine by me!

[peterb]

I think he may be meaning a soft versus hard landing. As in this drop is so fast that the landings gonna hurt or maybe blow the plane apart.

[peterb]

I think he may be meaning a soft versus hard landing. As in this drop is so fast that the landings gonna hurt or maybe blow the plane apart.

[peterb]

I think he may be meaning a soft versus hard landing. As in this drop is so fast that the landings gonna hurt or maybe blow the plane apart.

[peterb]

I think he may be meaning a soft versus hard landing. As in this drop is so fast that the landings gonna hurt or maybe blow the plane apart.

[Author]

Posts