Started reading this.
Got to this "The problem is that it is hard to understand and predict a credit bust (or a boom, for that matter) without the right tools – in our case: the right models. Fell about laughing and gave up there and then.
Not learned much from this then have you lads?
Or this, come to that.
Oh, Edward, If Only That Were True...
1 hour ago
2 comments:
18 year land credit boom bust cycle, end of.
MW Yup.
Post a Comment