UK 10:46 Wednesday, 7 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Etai Friedman has been digging deep into the causes behind the widening of the spread in the credit markets. The 2008 crisis was caused by too much mortgage debt and debt in general and the federal Reserve has propagated even more debt this time. The world is not able to service any more debt.
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Comments
wildrides
Cripes ………..he is more depressed than Whinning Froth and Lad you Gooey combined .
Cheryl Coles' Gusset
Fair point but a bit OTT really……
As well as whisperings of a new financial depression of sorts, I think there are a number of individuals who, experiencing a touch of confirmation bias, are hoping to be the next Dr Burry or Mark Baum.
A slightly more level headed view can be found here:
http://www.bloombergview.com/articles/2016-03-11/there-s-no-crisis-brewing-in-subprime-auto-loans