Comments on: The Bond Market Is Expecting a Corporate Default Rate CONSIDERABLY HIGHER than the Great Depression

By: Winston84

Winston84 — Mon, 26 Jan 2009 21:07:50 +0000

In 1929 there was massive leverage – the ability to ‘buy’ stocks by only putting up 5 cents on the dollar (20::1 leverage), achieving a similar effect we will see today with derivatives. FDR era regulations made the maximum leverage 2::1 for stocks. Maybe if we’re lucky today will only be 1/2 a million times worse as 1929!

By: sharpinchicago

sharpinchicago — Sun, 23 Nov 2008 22:27:45 +0000

And not a religious Jew in all the lot of fake Jews, as warned of in the New Testament.

By: steve brown

steve brown — Sun, 23 Nov 2008 19:44:00 +0000

Unless people strike, take to the streets and take on the cops – we’re all going down.

By: Alex (not Jones)

Alex (not Jones) — Sat, 22 Nov 2008 23:11:14 +0000

Not to mention there were no derivatives in 1929. This one might be a million times worse.

By: nikoli

nikoli — Sat, 22 Nov 2008 16:14:17 +0000

LOOK……
the great depresion was 70 years ago…..
they didn’t have credit cards then………………………
there was less people on the earth…….

NOW we have credit cards and more people getting in debt………
the depression will be 70 times worse then the great depression…….