Sunday, September 9, 2007

Economic cycles

Looks like about 12K from Country Wide are soon to be fucked. This is a seriously bad time to have a career that has anything to do with any form of financial services unless you are one of the fuckers getting XMas bonuses with 7 zeros.

http://www.marketwatch.com/news/story/countrywide-financial-plans-cut-up/story.aspx?guid=%7B63ADD1B6-9F15-43CF-8A6B-3BA21F03E45D%7D


Here is a great post from housing doom that cracked me up.
http://housingdoom.com/2007/09/07/nutty-cycles/#more-932
Its sad in retrospect, how many smart people have told me with a straight face how bat shit crazy I was (some co-workers and family/friends names come to mind) to doubt what began in late 2002 and is about to make my paranoid Mad Max vision of America come to life. I think I knew the game was up when every mouth breathing fool I came in contact with was in the process of becoming a big shot real estate investor or dropped out of IT to sell Loans.

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