BKX completed 3 peaks and a dome house.
http://trend-signals.blogspot.com/2009/01/bkx-2534.html
Roubini must have not heard what I said, in Jan 2006, that we will have financial melt down due to ARM/housing bubble.
__________________________________________________________
Roubini: U.S. Banking System Insolvent, Another $2.5T of Losses Coming
A couple of years ago, when Nouriel Roubini predicted that U.S. financial-system losses would total $1 trillion, everyone thought he was insane. He has since revised his estimate. Now he's looking for $3.6 trillion:
Bloomberg: U.S. financial losses from the credit crisis may reach $3.6 trillion, suggesting the banking system is “effectively insolvent,” said New York University Professor Nouriel Roubini, who predicted last year’s economic crisis.
No comments:
Post a Comment