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Posts Tagged ‘ credit cycle ’

A ‘Credit Cycle Bust’ That Cannot Be Stopped

Dec 5th, 2008 | By James Dale Davidson | Category: Featured

This is no ordinary downturn. After the biggest credit bubble in history, we face a correction on an unimaginable scale. Make no mistake about it: This is a credit-cycle bust that the government cannot stop. The losses are already catastrophic. And the massive unwinding is nowhere near finished yet…

Tags: AIG, Bill Bonner, Citigroup, Credit Bubble, credit cycle, day of reckoning, deleveraging, global credit crisis, Global Depression, Housing Bubble, James Davidson, market correction, US Banking, US economy, US housing crisis, US recession
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