ST Alpha - "Every once in a while, I ask myself "How did all this start again?"" (Reading a Post)

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In response to "SITWAP: Yet another explanation of the credit crisis, but it's nicely done. -- (link)" by nubby

Every once in a while, I ask myself "How did all this start again?"

Posted by Mop (aka rburriel) Feb 21 '09, 08:04

It's not like we didn't see stories on the news for years of a housing bubble and too much credit card debt. But what was the catalyst? Who's the one guy who decided "Hey, that house is priced 30% higher than I should pay for it!" Let's find that guy and lynch him.

Raul

Responses:

No, it was a matter of degrees. We all sat like frogs in a pot while the heat was turned up. -- nm - nubby Feb 21, 08:07 1
- I was thinking along those lines the other day. Very apt. -- nm - Loyola Feb 21, 09:10

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Every once in a while, I ask myself "How did all this start again?"

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