Posted on 19/01/08
Hold on tight, the consequences of this bubble bursting have only just begun
One advantage of having grey hair (aside from still having hair) is that it comes with memories (a.k.a. experience), and few need them more than money managers. Especially in hairy times like these, when a big bubble has just burst - real estate speculation financed by unpayable (a.k.a. subprime) debt.
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