Second Wave
We’re not even half way through the financial crisis yet. There is a second wave of mortgage defaults coming. And when it hits, the financial system will once again go into a tailspin…
Just look at the Credit Suisse chart. You can see that 2009 will be the eye of the storm, and starting in late 2010, we’ll begin to feel the effects of the second wave. The trend line is very clear and predictable.
Buckle up, we’re in for a very rough 5 years. This is all very scary shit!
(This opinion belongs solely to the author and does not necessarily reflect the views of The Good Sex Network.)