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SPDR S&P 500 ETF Trust Message Board

  • imshortemc imshortemc Feb 21, 2013 4:53 AM Flag

    Spy heading for 40 eventually.

    Why are banks trapped in real estate? Because with a 100k dollar deposit they created 1m in loans. Those loans lost 25% to 50% of their collateral value in the last few years. Then banks did not have to mark to market easing their short term bind, but not changing the fact their still insolvent. A small bump in interest rates will have a very negative impact on a highly leveraged economy. Deflation is coming and it wont leave easily.

 
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