Just as I get through a momentary binge of optimism, I am reminded of one of the doomsday speculative scenarios I have speculated with an extensive discussion of the topic on Bloomberg:
Goldman, JPMorgan Saddled With Debt They Can’t Sell
I can’t help but hear the Juvenile inspired, “I heard you takin’ spodie wodie…”
And for some reason, a glance at the Markit ABX charts which KEEP plummeting brings to mind the Ramones…I wanna be sedated.
Thanks to WLH for the downer/reality check.