"The total bad loans could be at the range of $7 - $11 trillion, or 3.5 - 5.5% of all loans, as estimated by Mr. Mayo, worse than the 3.4% ratio during the great depression. We have written off only about 2% so far, about 3rd or 4th inning of a 9 inning game. There is still a very long and dark night to go."
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Read Nano-Plasm - you know you want to.
© 2005-2009 Stephen Clarke-Willson, Ph.D. - All Rights Reserved.
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