Credit Crisis Part Deux: The Noise in the Housing Attic.
I think the best way to discuss the “reemergence” of the credit crisis is to remember a childhood story. Remember that time your family was throwing a party and you were concerned about crazy grandma going off on her usual rants? You thought carefully about what you were going to do since you wanted to have a pleasant evening but you also wanted to be cognizant of lovely grandma’s feelings. And suddenly a light bulb ignited over your head with the solution. Lock grandma up in the attic. Sure she wouldn’t be happy for a few hours but the guest will have a great time!
During the evening, the guests hear faint sounds emanating from upstairs. You quickly turn up the music and chatter louder to drown out the noise. The guests slowly ignore the sound yet you can still hear the noise because […]
Original post by drhousingbubble
